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5650 State Hwy 47 - Porterfield-Watson Family Ptnrs

18.92 Acres of Commercial Land Offered at $7,400,000 in Bryan, TX 77807

Investment Highlights

  • Location on hard corner of Highway 47 & Leonard Rd. within the City of Bryan Riverside Innovation Corridor Expansion.
  • Water, electric on site.
  • Gently sloping to level property

Executive Summary

Prime location for development or investments. Most utilities are already on site. Hard corner on State Hwy 47 (Riverside Pkwy) & Leonard Rd.

Property Facts

Price $7,400,000
Sale Type Investment or Owner User
Sale Conditions
Build to Suit
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Community Center
  • Convenience Store
  • Department Store
  • Drugstore
  • Fast Food
  • Hold For Development
  • Hold For Investment
  • Hotel
  • Office Park
  • Research and Development
  • Religious Facility
  • Service Station
  • Storefront, Retail or Office
  • Strip Center
  • Supermarket
Total Lot Size 18.92 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $7,400,000
Price Per AC $391,121
Lot Size 18.92 AC

A005901, T J WOOTEN (ICL), TRT 24, 8.929 acres AND 10.0 acres of PORTERFIELD-WATSON PH3, LOTS 21-24, for TOTAL acres 18.929 (new survey)

Description

This 18.929-acre tract of land in a Bryan Opportunity Zone at the center of the upcoming Riverside Innovation Corridor project is close to TAMU, TAMU Health Science Center, Easterwood Airport, TAMU Rellis Campus, and the Brazos County Expo Center. It is located on the hard corner of Highway TX-47 (Riverside Parkway) and Leonard Road. There are no pipelines or easements running through the property, no significant elevation changes, and Wellborn Water is available on site. There is a City of Bryan 3-phase transmission line across from Emily Drive at the west boundary line and single-phase electricity on site along Leonard Road. The property provides 760 feet of Hwy 47 (Riverside Parkway) frontage, 1167 feet of Leonard Road frontage, and 814 feet of Emily Drive frontage. The City of Bryan has 2023-2025 planned sewer line upgrades and extensions. Targeted for massive growth in the next 2-5 years, this area is prime for development or investment.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 14101
  • 92478
  • 92481
  • 92479
  • 92480
Land Assessment
$417,238
Improvements Assessment
$0
Total Assessment
$417,238

zoning

Zoning Code Retail Services
Retail Services
  • Listing ID: 26583263

  • Date on Market: 9/8/2022

  • Last Updated:

  • Address: 5650 State Hwy 47, Bryan, TX 77807

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