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2324 E FM 1960
15.69 Acres of Commercial Land Offered at $3,999,999 in Humble, TX 77338
Investment Highlights
- FM 1960 being expanded to 6 lanes.
- 600' of Frontage on FM 1960 with maximum exposure to high volume of traffic.
Executive Summary
Property Facts
1 Lot Available
Lot
Price | $3,999,999 | Lot Size | 15.69 AC |
Price Per AC | $254,939 |
Price | $3,999,999 |
Price Per AC | $254,939 |
Lot Size | 15.69 AC |
15.69 acs [after TXDOT took off 40' from frontage for road expansion] 600+ff on FM1960. Ideal for retail along frontage, multi-family behind & retention in far rear portion. Previously on well & septic yet City of Houston has water meter onsite.
Description
EXCELLENT FUTURE EGRESS: TXDOT states a crossing is planned at this site with Moonshine Hill Rd. Access temporarily limited due FM 1960 road expansion. Use caution walking on site due high grass, Until driveway is reset, use culvert crossing at west end (on next property). Water main already relocated with 2 fire hydrants along North property line. Land continues as triangle +/-250' beyond back tree line. Gradual slope to north-northwest (towards FM 1960). Per HCFCD /HCAD Map (enclosed): mixed zone X, 500 yr & 100 yr floodplains, No Floodway ("creeks" on next properties east & west). Neighboring owner stated TXDOT condemned whole frontage tract to east of subject for flood control/ storm water retention. This would likely alter the subject's flood map as an added benefit. Recent "Phase One Environmental Inspection" Executive Summary enclosed.
PROPERTY TAXES
Parcel Number | 0441780000111 | Improvements Assessment | $0 |
Land Assessment | $579,886 | Total Assessment | $579,886 |
PROPERTY TAXES
zoning
Zoning Code | none |
none |
Presented by
Osenbaugh Realtors
2324 E FM 1960
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