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12000 Bissonnet St - Kirkwood Crossings

1 - 36.5 Acre Commercial Land Lots Offered at $504,000 - $4,312,000 Per Lot in Houston, TX 77099

Executive Summary

LANDCO NEXA is excited to introduce Kirkwood Crossings, a transformative 136.88-acre master-planned community located in Houston, Texas. We are offering 30 prime lots for sale, ranging from 1 to 20 acres, suitable for a variety of uses including multifamily, single-family, commercial, light industrial, flex, and retail spaces. This development represents a unique opportunity to invest in one of Houston’s most dynamic real estate markets.
Why Kirkwood Crossings?
1. Strategic Location
Kirkwood Crossings is strategically situated at the intersection of Bissonnet, Cook, and South Kirkwood streets, ensuring excellent accessibility. This prime location is well-connected to major highways and commercial hubs, making it an attractive site for both residential and commercial developments. The community is located above the 500-year floodplain, further enhancing its appeal as a secure and stable investment.
2. Diverse Lot Sizes and Uses
The development includes 30 lots ranging from 1 to 20 acres, designed to accommodate a variety of uses, including multifamily, single-family, commercial, light industrial, flex, and retail spaces. This flexibility allows for a wide range of development scenarios, catering to current market demands while providing room for future growth.
3. Infrastructure and Development Progress
Preliminary infrastructure approval has been granted by all necessary City of Houston (COW) and Texas State agencies. The development is already underway, with two major national developers contracted to build multifamily properties on 23% of the developable acres. The infrastructure provided includes roadways, retention ponds, underground electrical utilities, and connections to existing sewer and water systems. These improvements will be funded through a Municipal Utility District (MUD) program, ensuring a high standard of infrastructure while managing costs effectively.
4. Community and Government Support
Kirkwood Crossings has garnered significant support from local organizations, including Alief Complete Communities, the local School District, and the district's City Council representative. This development is seen as a positive transformation of previously undeveloped land into a vibrant community that will create jobs and generate tax revenue. The Texas State Tax Credit Authority, Houston City Council, and other public agencies have also expressed their support, recognizing the potential for economic growth and community development.
5. Environmental and Development Considerations
The site’s history as a sand mining operation and later a class IV landfill has been carefully managed to ensure that it is suitable for development. Extensive geotechnical analysis and environmental testing, including Phase I and II studies, have been completed. The results confirm that the site is safe for conventional construction, with no significant environmental risks. The project’s environmental engineers have recommended and implemented mitigation measures, including a Municipal Setting Designation (MSD) to address groundwater exceedances, ensuring compliance with all regulatory requirements.
6. Unique Features and Recreational Opportunities
The development’s design includes retention ponds that will serve as stormwater management systems and recreational areas for the surrounding community. These features add significant value to the development, providing residents with green spaces and opportunities for outdoor activities, further enhancing the appeal of Kirkwood Crossings.
7. Market Potential and Economic Impact
As one of the largest infill opportunities in Harris County, Kirkwood Crossings is ideally positioned to meet the growing demand for residential and commercial spaces in Houston. The site’s proximity to employment centers, transportation links, and supporting demographics makes it a prime location for a variety of property types. The development is expected to drive economic growth, create job opportunities, and contribute to the local economy through increased tax revenues.
8. Flexibility and Long-Term Value
The design and layout of Kirkwood Crossings allow for flexibility in property type allocation, enabling the development to adapt to shifts in market demand. This flexibility, combined with the site’s strategic location and strong community support, positions Kirkwood Crossings as a long-term, stable investment with significant potential for appreciation.
9. Ownership and Investment Opportunity
LANDCO NEXA is seeking equity and debt partners to participate in this transformative development project. The current property owner, Bissonnet 136, LLC, acquired the property in June 2019 and has made significant progress in preparing the site for development. LANDCO NEXA is managing the development on behalf of the owners and is deeply engaged in exploring recapitalization options to complete the project. This offers potential investors the opportunity to profit from the development while hedging risks with flexibility in multiple development scenarios.
10. Environmental and Regulatory Compliance
The property is in the final stages of revoking its Municipal Solid Waste (MSW) permit, with all environmental criteria satisfied. The revocation process is expected to be completed soon, further clearing the way for development. SKA, the project’s environmental engineering firm, has implemented necessary regulatory measures, including additional landfill gas vents and a Municipal Setting Designation (MSD), to ensure the site’s compliance with all environmental regulations.
Conclusion
Kirkwood Crossings represents a rare and valuable investment opportunity in one of Houston’s most dynamic and rapidly growing areas. With its strategic location, diverse lot sizes, strong community and government support, and comprehensive infrastructure and environmental management, this development is poised for success. Investors have the chance to be part of a project that promises to deliver substantial returns while contributing to the economic and social fabric of Houston.
For more information or to discuss partnership opportunities, please contact LANDCO NEXA.

Property Facts

Price $504,000 - $38,572,000
Sale Type Investment
No. Lots 31
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Multifamily
  • Research and Development
  • Single Family Development
Total Lot Size 136.08 AC

31 Lots Available

Lot 1

Price $1,183,000
Price Per AC $304,897
Lot Size 3.88 AC

Flex: Versatile 3.88 acre lot for flex space, combining office, light industrial, and retail uses. Located in a high-traffic area with potential for adaptive use, including showrooms or mixed-use facilities.

Lot 2

Price $895,000
Price Per AC $639,286
Lot Size 1.40 AC

Retail: High-visibility 1.40-acre lot, ideal for retail development. Located on a major thoroughfare with heavy foot traffic, perfect for shops, restaurants, or service businesses. Excellent location for maximum exposure and customer access.

Lot 3

Price $784,000
Price Per AC $653,333
Lot Size 1.20 AC

Retail: High-visibility 1.20-acre lot, ideal for retail development. Located on a major thoroughfare with heavy foot traffic, perfect for shops, restaurants, or service businesses. Excellent location for maximum exposure and customer access.

Lot 4

Price $784,000
Price Per AC $653,333
Lot Size 1.20 AC

Retail: High-visibility 1.20-acre lot, ideal for retail development. Located on a major thoroughfare with heavy foot traffic, perfect for shops, restaurants, or service businesses. Excellent location for maximum exposure and customer access.

Lot 5

Price $1,806,000
Price Per AC $282,188
Lot Size 6.40 AC

Flex: Versatile 6.40-acre lot for flex space, combining office, light industrial, and retail uses. Located in a high-traffic area with potential for adaptive use, including showrooms or mixed-use facilities.

Lot 6

Price $1,382,000
Price Per AC $282,041
Lot Size 4.90 AC

Flex: Versatile 4.90-acre lot for flex space, combining office, light industrial, and retail uses. Located in a high-traffic area with potential for adaptive use, including showrooms or mixed-use facilities.

Lot 7

Price $929,000
Price Per AC $281,515
Lot Size 3.30 AC

Flex: Versatile 3.30-acre lot for flex space, combining office, light industrial, and retail uses. Located in a high-traffic area with potential for adaptive use, including showrooms or mixed-use facilities.

Lot 8

Price $823,000
Price Per AC $633,077
Lot Size 1.30 AC

Retail: High-visibility 1.30-acre lot, ideal for retail development. Located on a major thoroughfare with heavy foot traffic, perfect for shops, restaurants, or service businesses. Excellent location for maximum exposure and customer access.

Lot 9

Price $954,000
Price Per AC $307,742
Lot Size 3.10 AC

Flex: Versatile 3.10-acre lot for flex space, combining office, light industrial, and retail uses. Located in a high-traffic area with potential for adaptive use, including showrooms or mixed-use facilities.

Lot 10

Price $691,000
Price Per AC $287,917
Lot Size 2.40 AC

Industrial: Generous 2.40-acre lot suitable for light industrial use. Includes easy access to major highways, ideal for warehouses, distribution centers, or manufacturing facilities. Ready for development with necessary utilities in place.

Lot 11

Price $504,000
Price Per AC $280,000
Lot Size 1.80 AC

Industrial: Generous 1.80-acre lot suitable for light industrial use. Includes easy access to major highways, ideal for warehouses, distribution centers, or manufacturing facilities. Ready for development with necessary utilities in place.

Lot 12

Price $504,000
Price Per AC $280,000
Lot Size 1.80 AC

Industrial: Generous 1.80-acre lot suitable for light industrial use. Includes easy access to major highways, ideal for warehouses, distribution centers, or manufacturing facilities. Ready for development with necessary utilities in place.

Lot 13

Price $3,333,000
Price Per AC $282,458
Lot Size 11.80 AC

Single-Family Residential (SFR): Prime 11.80-acre lot designed for single-family homes. Located in a growing neighborhood with excellent connectivity and access to schools, parks, and shopping, making it ideal for family living

Lot 14

Price $4,312,000
Price Per AC $326,667
Lot Size 13.20 AC

Multifamily: Spacious 13.20-acre lot ideal for multifamily development, featuring easy access to major roads and amenities. Perfect for building a vibrant residential community with ample space for multiple housing units.

Lot 15

Price $3,646,000
Price Per AC $325,536
Lot Size 11.20 AC

Multifamily: Spacious 11.20-acre lot ideal for multifamily development, featuring easy access to major roads and amenities. Perfect for building a vibrant residential community with ample space for multiple housing units.

Lot 16

Price $4,005,000
Price Per AC $325,610
Lot Size 12.30 AC

Multifamily: Spacious 12.30-acre lot ideal for multifamily development, featuring easy access to major roads and amenities. Perfect for building a vibrant residential community with ample space for multiple housing units.

Lot 17

Price $784,000
Price Per AC $653,333
Lot Size 1.20 AC

Retail: High-visibility 1.20-acre lot, ideal for retail development. Located on a major thoroughfare with heavy foot traffic, perfect for shops, restaurants, or service businesses. Excellent location for maximum exposure and customer access.

Lot 18

Price $751,000
Price Per AC $625,833
Lot Size 1.20 AC

Retail: High-visibility 1.20-acre lot, ideal for retail development. Located on a major thoroughfare with heavy foot traffic, perfect for shops, restaurants, or service businesses. Excellent location for maximum exposure and customer access.

Lot 19

Price $1,281,000
Price Per AC $640,500
Lot Size 2.00 AC

Retail: High-visibility 2.00-acre lot, ideal for retail development. Located on a major thoroughfare with heavy foot traffic, perfect for shops, restaurants, or service businesses. Excellent location for maximum exposure and customer access.

Lot 20

Price $902,000
Price Per AC $644,286
Lot Size 1.40 AC

Retail: High-visibility 1.40-acre lot, ideal for retail development. Located on a major thoroughfare with heavy foot traffic, perfect for shops, restaurants, or service businesses. Excellent location for maximum exposure and customer access.

Lot 21

Price $745,000
Price Per AC $677,273
Lot Size 1.10 AC

Retail: High-visibility 1.10-acre lot, ideal for retail development. Located on a major thoroughfare with heavy foot traffic, perfect for shops, restaurants, or service businesses. Excellent location for maximum exposure and customer access.

Lot 22

Price $758,000
Price Per AC $631,667
Lot Size 1.20 AC

Retail: High-visibility 1.20-acre lot, ideal for retail development. Located on a major thoroughfare with heavy foot traffic, perfect for shops, restaurants, or service businesses. Excellent location for maximum exposure and customer access.

Lot 23

Price $1,326,000
Price Per AC $663,000
Lot Size 2.00 AC

Retail: High-visibility 2.00-acre lot, ideal for retail development. Located on a major thoroughfare with heavy foot traffic, perfect for shops, restaurants, or service businesses. Excellent location for maximum exposure and customer access.

Lot 24

Price $791,000
Price Per AC $659,167
Lot Size 1.20 AC

Retail: High-visibility 1.20-acre lot, ideal for retail development. Located on a major thoroughfare with heavy foot traffic, perfect for shops, restaurants, or service businesses. Excellent location for maximum exposure and customer access.

Lot 25

Price $902,000
Price Per AC $644,286
Lot Size 1.40 AC

Retail: High-visibility 1.40-acre lot, ideal for retail development. Located on a major thoroughfare with heavy foot traffic, perfect for shops, restaurants, or service businesses. Excellent location for maximum exposure and customer access.

Lot 26

Price $791,000
Price Per AC $659,167
Lot Size 1.20 AC

Retail: High-visibility 1.20-acre lot, ideal for retail development. Located on a major thoroughfare with heavy foot traffic, perfect for shops, restaurants, or service businesses. Excellent location for maximum exposure and customer access.

Lot 27

Price $673,000
Price Per AC $673,000
Lot Size 1.00 AC

Retail: High-visibility 1.00-acre lot, ideal for retail development. Located on a major thoroughfare with heavy foot traffic, perfect for shops, restaurants, or service businesses. Excellent location for maximum exposure and customer access.

Lot 28

Price $673,000
Price Per AC $673,000
Lot Size 1.00 AC

Retail: High-visibility 1.00-acre lot, ideal for retail development. Located on a major thoroughfare with heavy foot traffic, perfect for shops, restaurants, or service businesses. Excellent location for maximum exposure and customer access.

Lot 29

Price $680,000
Price Per AC $680,000
Lot Size 1.00 AC

Retail: High-visibility 1.00-acre lot, ideal for retail development. Located on a major thoroughfare with heavy foot traffic, perfect for shops, restaurants, or service businesses. Excellent location for maximum exposure and customer access.

Lot 30

Price $980,000
Price Per AC $653,333
Lot Size 1.50 AC

Retail: High-visibility 1.50-acre lot, ideal for retail development. Located on a major thoroughfare with heavy foot traffic, perfect for shops, restaurants, or service businesses. Excellent location for maximum exposure and customer access.

Lot

Lot Size 36.50 AC

Detention ponds, roadways and buffers

Description

Kirkwood Crossings: Prime 136.88-Acre Development in Houston, Texas Kirkwood Crossings, a 136.88-acre master-planned community in Houston, offers 30 lots for sale, ranging from 1 to 20 acres. These lots are ideal for diverse uses, including retail, multifamily, flex, and light industrial spaces. Located strategically at the intersection of major roads, the development features ongoing infrastructure improvements such as roadways, utilities, and recreational retention ponds. Positioned above the 500-year floodplain and supported by strong community and government backing, Kirkwood Crossings presents a unique investment opportunity in one of Houston’s most dynamic areas. Don’t miss the chance to invest in this promising project.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 1210580010001
  • 1267290010001
Land Assessment
$2,120,090
Improvements Assessment
$1,277,989
Total Assessment
$3,398,079

zoning

Zoning Code None (Kirkwood Crossings is zoned for diverse uses including retail, multifamily, flex, and light industrial, offering flexible development options.)
None (Kirkwood Crossings is zoned for diverse uses including retail, multifamily, flex, and light industrial, offering flexible development options.)
  • Listing ID: 32766022

  • Date on Market: 8/11/2024

  • Last Updated:

  • Address: 12000 Bissonnet St, Houston, TX 77099

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