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48600 US-290 BUS - 48600 Hwy 290 Bus 11.31 Acres of Commercial Land Offered at $2,500,000 in Hempstead, TX 77445
Investment Highlights
- Prime location with 522 ft road frontage
- Large scale septic & Deep water well
- Unrestricted land with Wildlife exemption
Executive Summary
Prime 11.318 Unrestricted Acres with Event Center
Exceptional opportunity to own 11.318 unrestricted acres featuring a 16,520 SF event center/ballroom built in 2009, ideal for weddings, private events, entertainment, or commercial ventures. The spacious main room is approximately 80x80 and offers an open layout with a raised stage, 17 ft ceilings and a concession serving/bar area perfect for catering operations. The venue features his-and-hers restrooms, abundant ceiling fans, and a thoughtfully designed layout that accommodates large gatherings with ease.
The facility is designed for comfort and functionality with central air and heat and abundant lighting throughout the venue to create an inviting atmosphere for events of all sizes.
Additional interior spaces include a 24x38 meeting room ideal for conferences or private events, and a 24x27 meeting room perfect for training sessions or breakout use. Two on-site apartments provide convenient living quarters for owners, staff, or guests.
The property is supported by infrastructure designed for scale, including a septic system rated for up to 1,000 people and a 239-foot-deep water well (installed in 2008). Outside, a stabilized lighted parking area ensures ample and reliable access for large events.
The acreage provides ample room for outdoor event space, future expansion, or additional development, while the wildlife exemption offers property tax savings.
With no restrictions, this versatile property can support a wide range of uses including an event venue, entertainment facility, dance hall, church, community center, business headquarters, or mixed-use development.
Key Features:
• 16,520 SF
• Large Stabilized parking lot
• 80x80 Main room with 17 ft ceilings
• Elegant finishes throughout
• Two Meeting rooms (24x38 & 24x27 ) with carpet, 17 ft ceilings & nice paneling
• Men’s restroom has 6 stalls, 6 sinks & tile flooring
• Women’s restroom has 6 stalls, 5 sinks & tile flooring
• 2 small apartments with full baths
• Stained concrete hallways for durability
• Septic designed for up to 1000 people
• Water well installed in 2008 & is 239 ft deep
• Room for expansion
• Easily accessible to Hwy 6, Hwy 290, FM 359 & FM 1488
Exceptional opportunity to own 11.318 unrestricted acres featuring a 16,520 SF event center/ballroom built in 2009, ideal for weddings, private events, entertainment, or commercial ventures. The spacious main room is approximately 80x80 and offers an open layout with a raised stage, 17 ft ceilings and a concession serving/bar area perfect for catering operations. The venue features his-and-hers restrooms, abundant ceiling fans, and a thoughtfully designed layout that accommodates large gatherings with ease.
The facility is designed for comfort and functionality with central air and heat and abundant lighting throughout the venue to create an inviting atmosphere for events of all sizes.
Additional interior spaces include a 24x38 meeting room ideal for conferences or private events, and a 24x27 meeting room perfect for training sessions or breakout use. Two on-site apartments provide convenient living quarters for owners, staff, or guests.
The property is supported by infrastructure designed for scale, including a septic system rated for up to 1,000 people and a 239-foot-deep water well (installed in 2008). Outside, a stabilized lighted parking area ensures ample and reliable access for large events.
The acreage provides ample room for outdoor event space, future expansion, or additional development, while the wildlife exemption offers property tax savings.
With no restrictions, this versatile property can support a wide range of uses including an event venue, entertainment facility, dance hall, church, community center, business headquarters, or mixed-use development.
Key Features:
• 16,520 SF
• Large Stabilized parking lot
• 80x80 Main room with 17 ft ceilings
• Elegant finishes throughout
• Two Meeting rooms (24x38 & 24x27 ) with carpet, 17 ft ceilings & nice paneling
• Men’s restroom has 6 stalls, 6 sinks & tile flooring
• Women’s restroom has 6 stalls, 5 sinks & tile flooring
• 2 small apartments with full baths
• Stained concrete hallways for durability
• Septic designed for up to 1000 people
• Water well installed in 2008 & is 239 ft deep
• Room for expansion
• Easily accessible to Hwy 6, Hwy 290, FM 359 & FM 1488
Property Facts
| Price | $2,500,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 11.31 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $2,500,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 11.31 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $2,500,000 | Lot Size | 11.31 AC |
| Price Per AC | $221,043.32 |
| Price | $2,500,000 |
| Price Per AC | $221,043.32 |
| Lot Size | 11.31 AC |
Cleared, fenced, well, septic, 16,592 SF Building, Stabilized lighted parking lot
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
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48600 US-290 BUS - 48600 Hwy 290 Bus
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