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Investment Highlights

  • Lots of new development in the area
  • High Traffic area

Executive Summary

PRIME DEVELOPMENT OPPORTUNITY – 98 ACRES IN HIGH-GROWTH AREA! Incredible location with unmatched potential! This expansive 98-acre tract is strategically positioned in the heart of one of the fastest-growing corridors in the region. Surrounded by booming residential and commercial development, this property sits just 1.5 miles north of US 290 and only 40 miles from downtown Houston—providing easy access to major highways and metro amenities. Enjoy 1372 feet of road frontage on highly traveled Fields Store Rd. and 845 feet of road frontage on FM 362 and proximity to top-rated Waller ISD Jr. & Sr. High Schools (just 1,400 feet away). The land is mostly cleared with scenic clusters of mature trees, offering both flexibility and beauty. Currently ag-exempt, this tract is ideal for residential, commercial, or mixed-use development. Directly adjacent to a 183-acre subdivision currently under construction, this site is primed for immediate growth. City utilities are available. Only 9 miles from the Grand Parkway (99), this property is a rare chance to invest in the future of Waller County. Don't miss this exceptional opportunity to be part of a thriving expansion zone! Property addresses are 21300 FM 362 which is 37.6934 AC and 21402 FIelds Store is 61.061 AC.

Property Facts

Price $10,862,984
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units
  • Convenience Store
  • Distribution
  • General Freestanding
  • Healthcare
  • Hold For Development
  • Hold For Investment
  • Master Planned Community
  • Planned Unit Development
  • Retail Warehouse
  • Warehouse
Total Lot Size 98.75 AC

1 Lot Available

Lot

Price $10,862,984
Price Per AC $110,004.90
Lot Size 98.75 AC

Mostly cleared, clusters of trees, road frontage on FM 362 & Fields Store roads

Description

Welcome to a remarkable investment opportunity in one of the most rapidly growing areas, the City of Waller. This 98.7544 acres has endless possibilities for development. With 845' of frontage on FM 362 & 1374' on Fields Store Rd. the strategic location, abundant space, and no restrictions make this property an ideal canvas for developers or investors. Capitalize on the dynamic market and growth in this area just outside Houston. Close proximity to schools, shopping, and dining. Convenient access to Hwy 290, the Grand Pkwy, FM 1488 & I-10 provide excellent accessibility for future residents or occupants. Don't miss out on this opportunity to acquire a prime location. City utilities available, located next to Oakwood Estates a brand new183 acre Master Planned Community w/ 563 lots, a 28 acre lake & 1.4 acre park.

  • Listing ID: 30955675

  • Date on Market: 2/14/2024

  • Last Updated:

  • Address: 21300 FM 362 & 21402 Field Store Road, Waller, TX 77484

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