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FM-521 Commercial Reserve 1 37.69 Acres of Commercial Land Offered at $4,100,000 in Sandy Point, TX 77583
Investment Highlights
- Future proposed Hard Corner Commercial Reserve at the SW corner 99 Grand Parkway and CR 53
- Adjacent to Hines’ proposed ±954 AC Master Planned Community development with 2,100+ homes
- 870’ on CR 53 and undetermined on 99 Grand Parkway
- At a future proposed entrance to a +/-700 Ac Master Planned Community development with 1,700+ homes
- Development Agreement in place with the adjacent community developer for infrastructure (access to public water/sewer/drainage, cross access, etc), al
- No flood plain per FEMA Map
Executive Summary
Property Facts
1 Lot Available
Lot
| Price | $4,100,000 | Lot Size | 37.69 AC |
| Price Per AC | $108,782.17 |
| Price | $4,100,000 |
| Price Per AC | $108,782.17 |
| Lot Size | 37.69 AC |
Future proposed Hard Corner Commercial Reserve at the SW corner 99 Grand Parkway and CR 53
Description
At a future proposed entrance to a +/-700 Ac Master Planned Community development with 1,700+ homes • Adjacent to Hines’ proposed ±954 AC Master Planned Community development with 2,100+ homes • Development Agreement in place with the adjacent community developer for infrastructure (access to public water/sewer/drainage, cross access, etc), allowing these reserves to be easily entitled • 870’ on CR 53 and undetermined on 99 Grand Parkway • Txdot has major road improvements planned in the area with FM 521 to be widened, SH 288 widening under way, and plans for segments B&C of 99 Grand Parkway finally progressing forward. CR 53 is also proposed to be widened and will be the main thoroughfare connecting FM 521 to 288 through the Hine’s Development. It is highly likely there will be an on/off ramp for CR 53 on 99 Grand Parkway • No flood plain per FEMA Map • WILL DIVIDE
Presented by
FM-521 Commercial Reserve 1
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