Property summary
This exceptional 4.4-acre commercial property, situated at 14144 & 14140 Old Hwy 59 in Splendora, Texas, presents a unique investment opportunity. The property includes a 3-bedroom brick home and a 2-bedroom mobile home, offering immediate income potential and versatile usage options. Zoned for multi-family, hospitality, retail, or restaurant ventures, this location boasts high visibility and accessibility. With a daily traffic count of 119,499 vehicles on nearby I-69, this property benefits from significant exposure. The fenced and gated 191,664 square foot lot provides security and privacy. Its strategic location offers easy access to FM 2090, Highway 242, Grand Parkway, Valley Ranch Town Center, and Houston Airport. The surrounding 5-mile radius boasts a population of 40,943, with an average household income of $61,601 and a favorable tax rate of 2.62. Built in 1970, this single-story property on a 4.4-acre lot (APN: 0082-02-00910) in Montgomery County, zip code 77372, is priced at $2,946,283. This property is ideal for investors seeking a high-traffic, multi-use location with significant growth potential in a thriving Texas community. The property's existing structures provide immediate revenue streams while allowing for future expansion or redevelopment.
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