112 Avenue Sugar Land, TX 77498
- Retail properties
- 9.33 lot acres
Current Use by Public Records
- Retail properties
Property Details for 112 Avenue
- Lot size
- 9.33 lot acres
- Property type
- Retail properties
- Property subtype
- Mixed-use properties
Description
This exceptional 9.33-acre commercial property in Sugar Land, Texas, presents a unique investment opportunity. Located at the intersection of Highway 90 and Main Street, this strategically positioned land offers unparalleled access to a thriving community. The property is zoned for Planned Development (including Mixed Use), allowing for diverse development possibilities. Situated within the Imperial TIRZ and Imperial Redevelopment District, it benefits from a favorable tax rate of $2.99. All city utilities are readily available. The site is conveniently located outside the flood plain, with no wetlands or pipeline easements. The asking price is $6,098,835, translating to $15 per square foot. Sugar Land boasts a master-planned community with a range of housing options, a strong business climate with easy access to Houston's job market, and a family-friendly atmosphere. High-quality schools in the Fort Bend ISD, the 8th largest in Texas, and extensive recreational facilities, including the Smart Financial Centre and Constellation Field, further enhance the area's appeal. This property is ideal for developers seeking to capitalize on Sugar Land's robust growth and vibrant community. The property is within Sugar Land city limits and offers significant potential for a variety of commercial ventures.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sugar Land
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.6373
- Latitude
- 29.6252
