Pine Shadows, Huntsville, TX 77320

$2,600,297

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List Price
$2,600,297
Status
ACTIVE
MLS#
51039316
Days on Market
200
Lot Size
437,974
Lot Size Source
Survey
Subdivision
N/A
Region
43
Market Area
Huntsville Area
County
Walker
City
Huntsville

Property Description

POTENTIAL USES Multifamily, Student Housing, Townhome, Single Family Residential, MHP (Conditional Use) Light, Industrial, General Commercial, Self Storage, Institution/Civic/Gov’t Use, Special Use. Perfectly located development site on I45. Excellent highway I-45 visibility and signage (without the freeway noise issues), 3–5-minute access to Sam Houston State University and 3 minutes to all major new retail and commercial West of I-45. Development agreement with the city includes the extension of Pine Shadows Drive, a critical infrastructure enhancement that promises to bring substantial benefits. This extension will facilitate traffic flow to and from the feeder roads, thereby increasing site accessibility and exposure. Moreover, it creates a strategic hard corner at the property fronting the I-45 frontage road, maximizing visibility and potentially increasing the site’s commercial value. City of Huntsville agreed to provide water/sewer capacity for at least 300 apartment units.

Additional Information

Neighborhood
Huntsville Area
Utilities
Cable Available, Electricity Available, Natural Gas Available, Phone Available
Lot Description
None, Split Possible, Wooded
School District
Huntsville
Elementary School
Samuel W Houston Elementary School
Middle School
Mance Park Middle School
High School
Huntsville High School

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Calculator source: Real Geeks

Listing courtesy of Houston's Luxury Properties.