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NEC Buffalo Springs Dr @ Lone Star Pkwy
Montgomery, TX 77356
19.6 Acres-Lone Star Pkwy and Buffalo Springs · Land For Sale
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19.60 AC
Investment Highlights
- Versatile Development Potential
- Rare opportunity in a growing market
Executive Summary
This 19.6-acre development opportunity in Montgomery, Texas, is priced at $7.50 per square foot and offers a range of potential uses including Build-to-Rent (BTR), Multi-Family, Office Warehouse, Office Condos, and Retail. Situated within a Planned Development District, the site boasts prime accessibility with 820 feet of frontage along Lone Star Parkway and 1,330 feet along Buffalo Springs Drive, including a lighted intersection. Utilities are provided by the City of Montgomery, and the property benefits from a competitive 2023 tax rate of 1.968%. This site presents a rare opportunity for developers seeking a versatile and well-positioned location in a growing market.
Property Facts
1 Lot Available
Lot 1
| Price | $6,400,000 | Lot Size | 19.60 AC |
| Price Per AC | $326,530.61 |
| Price | $6,400,000 |
| Price Per AC | $326,530.61 |
| Lot Size | 19.60 AC |
Property Taxes
| Parcel Number | 0008-00-00114 | Improvements Assessment | $0 |
| Land Assessment | $1,600,000 | Total Assessment | $1,600,000 |
Property Taxes
Parcel Number
0008-00-00114
Land Assessment
$1,600,000
Improvements Assessment
$0
Total Assessment
$1,600,000
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