521 Commercial Reserve 2A, Rosharon, TX 77583
- Retail properties & Spaces
- 10.40 lot acres
Current Use by Public Records
- Retail properties & Spaces
Property Details for 521 Commercial Reserve 2A
- Lot size
- 10.40 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Office Spaces
Description
This exceptional 10.403-acre commercial property, designated as FM 521 Commercial Reserve 2A, presents a unique investment opportunity in the rapidly growing Rosharon, Texas area. Zoned for retail and office use, with a current subtype designation of medical office, this hard corner lot boasts 963 feet of frontage on FM 521. Its strategic location is at the northeast corner of FM 521 and the planned main entrance to a sizable master-planned community encompassing over 700 acres and projected to include 1,700+ homes. Furthermore, it's adjacent to another proposed master-planned community by Hines, covering approximately 954 acres and anticipating 2,100+ homes. A development agreement is in place with the adjacent community developer, ensuring streamlined entitlement for infrastructure, including public water, sewer, off-site drainage, and cross-access, minimizing development costs. The property benefits from significant planned road improvements by TxDOT, including the widening of FM 521, ongoing widening of SH 288, and the advancement of segments B & C of the Grand Parkway 99. Importantly, this property is located outside of the floodplain, according to FEMA maps. The seller will consider dividing the property to accommodate various development needs. This prime location and advantageous infrastructure make this a compelling investment for developers seeking high-growth potential in a thriving Texas market.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rosharon
- County
- Rosharon
- State
- Texas
- Longitude
- -95.4746
- Latitude
- 29.4522
