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23301 FM 1314 rd

14.34 Acres of Commercial Land Offered at $4,965,971 in Porter, TX 77365

Investment Highlights

  • LOCATED ON ONLY 2.5 MILES TO 99/GRAND PKWY AND 1.5 MILES TO HWY 59/I-69
  • NO FLOOD PLAIN
  • DUAL ACCESS WITH 635’ OF FRONTAGE ON FM 1314 & 415’ OF FRONTAGE ON SMITH RD
  • SITUATED ON BUSY FM 1314 WITH 40,000-VPD
  • CAN BE SERVED UTILITIES BY NEARBY MUD/SUD
  • SITE IS NEARBY THE VALLEY RANCH DEVELOPMENT, WHICH IS HOUSTONS‘ FASTESTS GROWING MASTER PLANNED COMMUNITY

Executive Summary

This 14.3-acre tract is located on FM1314 and is only 2.5 miles to 99/Grand Pkwy, and only 1.5 mile to Hwy 59/I-69. FM 1314 is a very busy retail thoroughfare and carries over 40k-VPD. The site is nearby Valley Ranch development, which is Houston's’ fastest growing master planned communities and retail corridors. This tract can be utilized for many uses including multi-family, BTR, mixed-use, medical, and retail. The site has no flood plain and can be served utilities by nearby MUD/SUD districts. The tract has 635ft of frontage along FM 1314 and has dual access on Smith Rd with 415ft of frontage. The adjoining 2.86 acres is also available providing over 845ft of total frontage. Call for pricing.

Property Facts

Price $4,965,971
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Apartment Units
  • Single Family Development
Total Lot Size 14.34 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $4,965,971
Price Per AC $346,302
Lot Size 14.34 AC

L-shaped tract with 635' of frontage on FM 1314 and 415' of frontage on Smith Road.

Description

The tract has 635ft of frontage along FM 1314 and has dual access on Smith Rd with 415ft of frontage.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 8460-01-04100
  • 8460-01-04200
  • 8460-02-01600
  • 8460-01-04000
Land Assessment
$1,564,810
Improvements Assessment
$0
Total Assessment
$1,564,810
  • Listing ID: 28959643

  • Date on Market: 7/10/2023

  • Last Updated:

  • Address: 23301 FM 1314 rd, Porter, TX 77365

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