Rayford Rd/Foster Ln Spring, TX 77386
- Land
- 2.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Rayford Rd/Foster Ln
- Lot size
- 2.00 lot acres
- Property type
- Land
Description
This exceptional 2-acre commercial lot presents a unique investment opportunity in Spring, Texas, within the thriving Woodlands submarket. Situated on Rayford Rd/Foster Ln, this property boasts convenient access to major thoroughfares, including Interstate 45, Hardy Toll Road, and the Grand Parkway 99. Its proximity to the new ExxonMobil corporate campus makes it an attractive location for businesses seeking a strategic advantage. The lot includes a pre-existing two-story house (2,500+ square feet) with a carport, offering potential for conversion into commercial space. Utilities are readily available, featuring all-electric service on the property, a well and septic system, with a gas line accessible on Rayford Road. The property is unrestricted, allowing for a variety of commercial uses, including self-mini storage, light industrial manufacturing, or office condominiums. The ongoing Rayford Road Safety and Mobility Project, anticipated to be completed, will further enhance accessibility and visibility. This project involves expanding Rayford Road to six lanes, improving traffic flow and safety for the community. This property offers significant potential for growth and development in a rapidly expanding commercial area.
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
- Spring
- County
- Montgomery
- State
- Texas
- Longitude
- -95.4207
- Latitude
- 30.1257