11304 Fostoria Rd

This versatile 18-acre property offers numerous opportunities for multifamily or commercial development. The property is unrestricted and features a single-story, recreational building that contains a kitchen area, 3-rooms and 3 bathrooms under an oversized carport addition built in 1995. Connected to the building includes a 58'x22' shop with a half bath that has double doors for drive through accessibility. Additional structure is a 15'x23' self-standing building suitable for office or storage. The property is beautifully landscaped with a variety of trees, including Oak, Hickory, Pine, Pecan, Black Walnut, Peach, Mulberry, Lemon, Fig, and Persimmons, alongside open grass pastures. Public water, a water well, and a 3-tank septic system are available. It also includes 4 man-made ponds, enhancing its appeal and utility. When ponds were dug, owner kept dirt on the property which raised the property. New buyer can keep the ponds or fill in if so desires. Access from both Fostoria Rd. and Sweet Clover, with proximity to Hwy 59, Grand Parkway 99, and SH-105. Ideal uses for the property include: • Multifamily Housing: Develop apartments or condominiums to meet the growing housing demand. • Commercial Development: Utilize the land for retail, office spaces, or other commercial purposes. • Mixed-Use Development: Combine residential, commercial, and recreational spaces for a vibrant community. • Senior Housing: Build independent living communities tailored for senior citizens. • Community and Recreational Facilities: Create parks, sports complexes, or community centers. • Hospitality and Event Centers: Develop hotels, resorts, or event venues to attract visitors and businesses