12.398ac Entitled - Midtown City Center

12.39 Acres of Commercial Land Offered at $4,877,000 USD in College Station, TX 77845

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $4,877,000

Property Type
Land

Listing Contacts

James Murr
James Murr
Verified Profile
  • Property Info

Property Overview

Make a mark on Midtown City Center and help define College Station’s new live, work, and play destination with this exclusive acquisition opportunity for a valuable development site within the project. 1200 Midtown Drive is a 12.39-acre rectangular tract boasting the best entitlements in the city despite College Station's historically strict land-use regulations. It has developmental flexibility for office, multifamily, hospitality, retail, and almost everything except for industrial. 1200 Midtown Drive’s rectangular shape, reduced necessary parking ratio, and no water detention requirement minimize land waste, and all utilities are at the boundary or close by.

Midtown City Center is a private and public partnership with the City of College Station intended to create an urban identity and central sense of place through placemaking attractions. The district will comprise residences, shops, restaurants, a hotel, entertainment venues, and recreation hubs coalesced by lush green space and water features. It is the most walkable area of the city, with miles of trails already in place and more to come. Hundreds of single-family houses and apartment units are delivered and occupied, with more under construction, and commercial priority now moving to the lakefront restaurants. The adjacent Midtown Business Park encompasses over 200 acres and brings an industrial element to Midtown. These intertwined attractions work to activate the district and will elevate the success of any project here.

1200 Midtown Drive is centrally positioned near the market’s primary economic drivers. College Station’s most well-known institution, Texas A&M University, is 10 minutes away and provides a vast consumer/resident base as the city’s largest employer with over 60,000 full-time students. The Baylor Scott & White Medical Center, which employs over 1,400 locals, is adjacent to Midtown City Center, and Reynolds and Reynolds, which employs over 1,500 locals, is 2.5 miles southeast. Midtown City Center is a convenient stop for pretty much anyone in the metro area as the city’s main artery, Highway 6, runs directly along the development. These locational factors, combined with the flexible use potential and synergetic projects existing or coming soon, make 1200 Midtown Drive the leading development opportunity in College Station. Inquire now.

Property Details

Property Subtype
Commercial

Highlights

  • 1200 Midtown Drive is a 12.39-acre rectangular tract with no detention ponds required, access to utilities, and reduced parking requirements.
  • Fully entitled for mixed-use, a rare designation for College Station, allowing for retail, office, multifamily, and hotels. Mixed-use not required.
  • Midtown City Center is a public/private partnership for an array of mixed-use destinations connected by green space and activated streetscapes.
  • Join Midtown City Center as over 400 houses and an apartment complex have been delivered with lakeside restaurants and entertainment planned.
  • Stake a claim a booming area, as the number of households within a 2-mile radius grew by 35% from 2010 to 2023 with an average income of $108,000.
  • Centrally located adjacent to Baylor Scott & White Medical Center, a few hundred yards to Highway 6, and 4 miles to Texas A&M University.

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