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9670 FM 1097 - $1 Auction – 1.44 AC Parcel Houston MSA 1.44 Acres of Commercial Land Offered at $50,000 in Willis, TX 77318
Investment Highlights
- ABSOLUTE $1 AUCTION | 1.44 AC Parcel Houston MSA | 20K VPD Traffic Count | AUCTION AUGUST 3-5
- Nearby National Retail include Kroger, Whataburger, CVS, Walgreens, Starbucks, Chick-fil-A, H-E-B, Burger King, Chase, Tractor Supply, and More
- Site is Platted as “Reserve” Area and Would Require HOA Approval for Rezoning
- Well-Positioned ±1.44-Acre Path of Growth Parcel in Dense Commercial Corridor
- Direct Frontage on FM 1097 with Traffic Counts of ±20,883 VPD and Just West of I-45 with an Additional 67K VPD
- Dense Demographics with 5-Mile Population of ±47,890 and Annual Household Income of ±$91,625
Executive Summary
Marcus & Millichap is pleased to present a 1.44-acre parcel located at 9670 FM 1097 (the “Property”) in Willis, Texas just ±40 minutes from Houston. The Property offers an exceptional development opportunity in a growing, robust trade area and first bid meets reserve!
The Property features utilities to the site through the City of Willis. The Property has approximately 203 feet of frontage on FM 1097, benefitting from access and visibility to traffic counts of ±20,883 vehicles per day. The Property is in a robust trade area near a mix of apartments, new construction single family residential, and retail demand generators. Nearby retail in the area includes Kroger, Whataburger, CVS, Walgreens, Starbucks, Chick-fil-A, H-E-B, Burger King, Chase, Tractor Supply, Anytime Fitness, Goodwill, Dutch Bros, Burlington, Ross, numerous restaurants, and more. The site is currently platted by the Canyon Falls Homeowners Association as “Reserve” area and would require HOA approval for rezoning.
Willis is a city in Montgomery County, Texas which enjoys a prime position north of Houston and offers excellent accessibility along Interstate 45. The city has seen significant population growth in recent years, driven by its appealing blend of small-town charm and convenient access to the bustling Houston metro area. This growth is supported by ongoing residential and commercial developments that cater to the increasing demand for housing and services. The Property further benefits from strong demographics with a population of 47,890 residents and an average household income of $91,625 within a 5-mile radius. The population has experienced 56.1% growth from 2010-2023 with 9.54% growth expected to continue through 2028.
The Property features utilities to the site through the City of Willis. The Property has approximately 203 feet of frontage on FM 1097, benefitting from access and visibility to traffic counts of ±20,883 vehicles per day. The Property is in a robust trade area near a mix of apartments, new construction single family residential, and retail demand generators. Nearby retail in the area includes Kroger, Whataburger, CVS, Walgreens, Starbucks, Chick-fil-A, H-E-B, Burger King, Chase, Tractor Supply, Anytime Fitness, Goodwill, Dutch Bros, Burlington, Ross, numerous restaurants, and more. The site is currently platted by the Canyon Falls Homeowners Association as “Reserve” area and would require HOA approval for rezoning.
Willis is a city in Montgomery County, Texas which enjoys a prime position north of Houston and offers excellent accessibility along Interstate 45. The city has seen significant population growth in recent years, driven by its appealing blend of small-town charm and convenient access to the bustling Houston metro area. This growth is supported by ongoing residential and commercial developments that cater to the increasing demand for housing and services. The Property further benefits from strong demographics with a population of 47,890 residents and an average household income of $91,625 within a 5-mile radius. The population has experienced 56.1% growth from 2010-2023 with 9.54% growth expected to continue through 2028.
Property Facts
| Price | $50,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Unknown |
| No. Lots | 1 | Total Lot Size | 1.44 AC |
| Property Type | Land |
| Price | $50,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Unknown |
| Total Lot Size | 1.44 AC |
1 Lot Available
Lot
| Price | $50,000 | Lot Size | 1.44 AC |
| Price Per AC | $34,722.22 |
| Price | $50,000 |
| Price Per AC | $34,722.22 |
| Lot Size | 1.44 AC |
1 1
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 3277-00-07600 | Improvements Assessment | $0 |
| Land Assessment | $150,752 | Total Assessment | $150,752 |
Property Taxes
Parcel Number
3277-00-07600
Land Assessment
$150,752
Improvements Assessment
$0
Total Assessment
$150,752
Contacts
-
Will Florence -
Adam Sklaver -
Philip Kates -
Kyle Hynes -
Timothy Speck -
Marcus & Millichap
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