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24815 Northwest Fwy

48.6 Acres of Commercial Land Offered at $3,300,000 in Cypress, TX 77429

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Investment Highlights

Frontage on Cyprus Creek
Artesian Well & Private Well

Three large lakes, one of which is spring-fed

Executive Summary

Current access is by a railroad crossing from Northwest Freeway east bound feeder road. Property is between Fry Road and Barker Cypress Road. DRASTIC PRICE REDUCTION!

Brochure

Hot Wells Survey

Commercial Property Condition

Flood Map

Deed Restrictions_Trust to CW SCOA West LP_Harris Co_FILED_12.03.21 - Copy

Subd Plat

Pipelines

Property Facts

Price	$3,300,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial Industrial Mixed Use Auto Dealership Cement or Gravel Plant Community Center Contractor Storage Yard Distribution Garden Center Golf Course or Driving Range Hold For Development Hold For Investment Hotel Industrial Park Lodge or Meeting Hall Public Swimming Pool Rehabilitation Center Amusement Park
No. Lots	1	Total Lot Size	48.60 AC
Property Type	Land

Price	$3,300,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Industrial Mixed Use Auto Dealership Cement or Gravel Plant Community Center Contractor Storage Yard Distribution Garden Center Golf Course or Driving Range Hold For Development Hold For Investment Hotel Industrial Park Lodge or Meeting Hall Public Swimming Pool Rehabilitation Center Amusement Park
Total Lot Size	48.60 AC

1 Lot Available

Lot

Price	$3,300,000	Lot Size	48.60 AC
Price Per AC	$67,901

Price	$3,300,000
Price Per AC	$67,901
Lot Size	48.60 AC

Hot Wells Subdivision, Block 59, Block 64,Block 76, Tract A and W.K. Hamblen Survey, Abstract 316, Tract 4, Harris County, Texas

Description

Hot Wells Shooting Range, once known as Houston Hot Well Hotel & Sanitarium is a unique listing as a 48-acre tract in northwest Houston. Rare in that it offers significant acreage for the area and has history dating back to the early 1900s presenting tremendous potential. The acreage, adjacent to Highway 290 between Barker Cypress and Fry Road, includes Cypress Creek frontage, three lakes and an artesian water well. The well discovered in 1904, led to the construction of a two-story hotel offering hot mineral water baths and recreation for as many as 500 guests. The land could be ideal for single or multifamily development, commercial development, or even recreational development as in the past. There are very few parcels of land available in this size and area, it could even be an outstanding single family sanctuary without having to leave town.

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