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0 Loop 494
Porter, TX 77365
4.73 Acres - Loop 494 · Land For Sale · 4.73 AC

INVESTMENT HIGHLIGHTS

  • Located in a Qualified Opportunity Zone
  • Development reimbursement available.

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Dorms
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Auto Dealership
  • Auto Repair
  • Bank
  • Baseball Field
  • Bowling Alley
  • Carwash
  • Distribution
  • Drugstore
  • Fast Food
  • Garden Center
  • General Freestanding
  • Healthcare
  • Health Club
  • Hospital
  • Hotel
  • Lodge or Meeting Hall
  • Manufactured Homes or Mobile Home Park
  • Master Planned Community
  • Medical
  • Motel
  • Neighborhood Center
  • Office Park
  • Parking Garage
  • Planned Unit Development
  • Refrigeration or Cold Storage
  • Rehabilitation Center
  • Religious Facility
  • Restaurant
  • Retail Warehouse
  • Self Storage
  • Service Station
  • Single Family Development
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Strip Center
  • Supermarket
  • Trailer or Camper Park
  • Veterinarian or Kennel
  • Warehouse
Total Lot Size 4.73 AC

DESCRIPTION

Location: 4.73 acre tract which is part of Commerce Park of Porter, a ±42-acre mixed-use development located at the southeast quadrant of Highway 59 and Grand Parkway. This development is expected to showcase mixed use retail and medical with over 1,200 feet of frontage on the freeway and frontage on Loop 494. Access: US 59 has a direct off ramp directly to this Commerce Park of Porter and the Grand parkway. Additionally, with frontage on Loop 494 on the east boundary of this development gives this property exceptional ingress and egress from two major thoroughfares. Additionally, there is a developed street coming off of Loop 494 with 1,150 feet of frontage bordering the east end of the property. This gives the opportunity to extend this access east and west 1,100 feet all the way to US 59 feeder road thus having a development with a thru street from US 59 to Loop 494. Area Development: Valley Ranch, a 1400-acre new destination community directly located across US 59 being the Southwest corner of US 59 and Grand Parkway. This development is slated to have 2,500 homes upon completion. Vivacity medical center is part of Valley Ranch projected to have 2.5 million health and wellness facilities. St. Lukes Health has become the first health care partner for Vivacity within the master planned community Valley Ranch. Vivacity will occupy 186 acres. Valley Ranch Town Center, one of the largest retail centers in north Houston, covers 240 acres of mixed use retail with 1.5 million square feet of stores and restaurants. Tenants include Kroger, Sams, Academy, Hobby Lobby, Party City, Burlington, TJ Maxx, Petsmart, Ross and Rack Room Shoes and a 40,000 SF Cinemark Movie theater. Target Users: Retail, medical, multi-family, professional buildings, light industrial & storage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8132-00-00100
Land Assessment
$1,236,756
Improvements Assessment
$0
Total Assessment
$1,236,756
  • Listing ID: 12671490

  • Date on Market: 5/25/2018

  • Last Updated:

  • Address: 0 Loop 494, Porter, TX 77365

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