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Prime Investment Opportunity Near University
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305 Cherry St, College Station, TX 77840

Two adjacent parcels near Texas A&M, great investment potential.

Property SizeContact for details
Lot Size0.75 Acres
Days on Market816

Property Features for 305 Cherry St

General Information

Standard status Active
Lot size 0.75 Acres
Property subtype Land
Zoning Residential
Listing Agency: TowerPoint Realty
Listed By: Mohammed Hussein · License #595356
Source: Crexi
Added: May 15, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TowerPoint Realty

Investment Insights

Based on property information with market context.

This offering presents an investor's prime opportunity in the historic North Gate area of College Station, with proximity to Texas A&M University. The property includes two adjacent parcels of land, each comprising 0.3766 acres. One parcel, located at 500 Boyett St., features a recently remodeled home with 3 bedrooms and 2 bathrooms. This home is currently under lease, expiring July 15, 2025, and generates a monthly rental income of $1650. The second parcel, located at 305 Cherry St., has immediate access to the TAMU Bus Route 15. Several large residential redevelopments have already occurred in the area, making this a location for housing or commercial ventures. Both parcels are being sold together to maximize investment potential.

Key Highlights

  • Two adjacent parcels totaling .7532 acres in the historic North Gate area, near Texas A&M University, being sold together.
  • Prime location for housing or commercial ventures due to ongoing residential redevelopment in the area.
  • Parcel at 500 Boyett St. includes a recently remodeled 3‑bedroom, 2‑bathroom home.**

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Electrical Service Butcher Auto Parts Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

985
Businesses Nearby

Demographics for 77840, TX

55,180
Population
25,423
Households
2.2
Avg Household Size
25
Median Age
46%
College-Educated
91%
High-School Grad
10.0 sq mi
ZIP Area
5,518
Density / Sq Mi
$31,278
Median Household Income
$14,521
Median Earnings
$1,085
Median Rent
$241,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two adjacent parcels near Texas A&M, great investment potential.
Where is this residential land & home lot located?
The property is located at 305 Cherry St College Station, TX.
What is the asking price?
The asking price for this property is $2,999,999.
What are key features of this property?
This property features: Two adjacent parcels totaling .7532 acres in the historic North Gate area, near Texas A&M University, being sold together.; Prime location for housing or commercial ventures due to ongoing residential redevelopment in the area.; Parcel at 500 Boyett St. includes a recently remodeled 3‑bedroom, 2‑bathroom home.**
More about this property
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