290 Bus Hempstead, TX 77445
- Commercial real estate
- 45.09 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 290 Bus
- Year built
- 1985
- Lot size
- 45.09 lot acres
- Property type
- Commercial real estate
Description
This exceptional 45.09-acre commercial land parcel presents a compelling investment opportunity in the thriving town of Hempstead, Texas. Strategically located directly across from the Prairie View Cricket Complex and Prairie View A&M University (PVAMU), this property benefits from its proximity to a significant population base and a rapidly expanding community. The high demand for housing and infrastructure in Hempstead, fueled by the presence of PVAMU, creates a unique environment for development. This lot is ideally suited for projects targeting the needs of students, faculty, staff, and local residents, offering potential for the construction of residential units, student housing, or other infrastructure projects to meet the area's growing needs. The property boasts readily available utilities, simplifying the development process and reducing initial costs. Given the current market dynamics and the property's prime location, this land offers substantial potential for significant returns and contributes to the ongoing revitalization of Hempstead. The scale of the land allows for a large-scale development project, catering to the considerable demand within the area. This is a rare opportunity to acquire a substantial tract of land in a high-growth area with existing utilities.
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
- Hempstead
- County
- Waller
- State
- Texas
- Longitude
- -96.0176
- Latitude
- 30.0786
