2102 Fm 2920 Rd, Spring, TX 77388

6.6 Acres of Commercial Land Offered at $2,750,000 USD in Spring, TX 77388

Asking Price $2,750,000

Property Type
Land

Listing Contacts

  • Property Info

Property Overview

Huge 6 acre tract in prime location close to the Woodlands and Exxon Campus Spring campus on Farm to Market road with HEB, ALDI, UPS store, Ferguson's and several restaurants all within 1 block. This community has plans to be developed as a office condominium community, but can also serve as an excellent location for a town home community, mixed use (eg. gas station/shopping strip plus multi family) or class A multi family development. Easy access to 45 and highway 99. Schematics for options for a town home community and survey are attached in agent docs. No HOA at the moment , developer can establish his own.
There's Never Been a Better Time to Invest in Houston!
? Spring Municipal Utility District | shovel ready
? Possibility to establish HOA for the site (no HOA at the moment)
? Houston is one of the fastest growing cities in the US
? 30 million people projected in the Texas triangle by 2025
? Houston No.1 City for job creator
? Real Estate Market projected to keep going up another 2.9% in 2022
? Median rent rates $1,446 / month and increasing
? According to the Bloomberg report on Houston Real Estate Market – “Far from declining, the Houston home prices and rents are expected to rise given the sudden housing shortage. Out-of-state investors have even started to swoop in to acquire damaged homes to repair and sell or rent.”
? Home to the Texas Medical Center, the largest medical center in the world, with a local economic impact of $10 billion
? Home to more than 5,000 energy related firms 23 Fortune 500 companies
SEE ATTACHMENTS. Watch video: https://youtu.be/FX85F1P7GVA

Property Details

Property Subtype
Commercial

Highlights

  • Seller financing available.
  • Plans and designs reeady
  • Utilities in place
  • Title commitment ready

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