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1520 Lone Star Parkway Pky
Montgomery, TX 77356

19.6 Acres-Lone Star Pkwy and Buffalo Springs · Land For Sale · 19.60 AC

Executive Summary

This 19.6-acre development opportunity in Montgomery, Texas, is priced at $7.50 per square foot and offers a range of potential uses including Build-to-Rent (BTR), Multi-Family, Office Warehouse, Office Condos, and Retail. Situated within a Planned Development District, the site boasts prime accessibility with 820 feet of frontage along Lone Star Parkway and 1,330 feet along Buffalo Springs Drive, including a lighted intersection. Utilities are provided by the City of Montgomery, and the property benefits from a competitive 2023 tax rate of 1.968%. This site presents a rare opportunity for developers seeking a versatile and well-positioned location in a growing market.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Multifamily
  • Office Park
Total Lot Size 19.60 AC
Cross Streets Buffalo Springs Drive

1 Lot Available

Lot

Price $6,400,000
Price Per AC $326,531
Lot Size 19.60 AC
  • Listing ID: 33399134

  • Date on Market: 10/3/2024

  • Last Updated:

  • Address: 1520 Lone Star Parkway Pky, Montgomery, TX 77356

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