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Country Lane
Castroville, TX 78009
4.11 Acres - Castroville · Land For Sale · 4.11 AC

INVESTMENT HIGHLIGHTS

  • ~4.11+/- acres behind Pizza Hut and adjacent to Walmart; easy access to Highway 90
  • Per owner, site is approved for 4 story hotel by the City and the Airport
  • Hampton Inn license secured
  • Hampton Inn feasibility study completed by Source Strategies for 75 rooms
  • Possible city tax rebate incentives for Hilton Brand Hotel

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Total Lot Size 4.11 AC

DESCRIPTION

Hampton Inn license secured for lot in Castroville - Consists of 4 parcels equating to ~4.11 Acres of developable land. This lot is positioned right off of Highway 90 and nestled in between retailers such as Walmart, Pizza Hut and Whataburger. The feasibility study completed by Source Strategies shows buildability to support a 4 story hotel (per owner, approved by the city and airport) with 75 rooms. The city is offering tax rebate incentives for Hilton Brand Hotel. Owner financing possibility.

ZONING

Zoning Code OCL
  • Listing ID: 27018173

  • Date on Market: 11/1/2022

  • Last Updated:

  • Address: Country Lane, Castroville, TX 78009