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622 S Seven Points Blvd
Seven Points, TX 75143
Land For Sale · 8.30 AC

Executive Summary

In an opportunity zone and a DDA area. Current market study shows high demand for apartment units. See attached.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Daycare Center
  • Hold For Development
  • Hold For Investment
  • Medical
  • Neighborhood Center
  • Restaurant
  • Retail Warehouse
Total Lot Size 8.30 AC
Opportunity Zone Yes
Zoning Comm & Multi-family - Commercial

1 Lot Available

Lot

Price $850,000
Price Per AC $170,000.00
Lot Size 5.00 AC

5.3 acres is zoned multi-family. The city is willing to consider rezoning for multi-family for the fron.

Description

Great location for an OZ Zone and a DDA area for apartment. We have land planned a 120 unit complex that the city likes. There is only one apartment complex near the site that is off FM 274 and it stays fully leased. Seven Points Blvd is the main street in Seven Points. Restaurants and small business' located close by including Brookshires grocery. All utilities are at the site and has capacity.

  • Listing ID: 27983849

  • Date on Market: 3/15/2023

  • Last Updated:

  • Address: 622 S Seven Points Blvd, Seven Points, TX 75143

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