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Property profile & analytics
OFF-MARKET
Commercial real estate

309 Cherry St College Station, TX 77840

Property ID
US83-3218554
Property summary
AI-generated overview

This exceptional 22,521 square foot commercial land parcel is strategically located at 309 Cherry Street in College Station, Texas, zip code 77840. Currently zoned NG-3 (Northgate Residential), this property presents a unique opportunity for developers seeking to capitalize on the high demand for student housing near Texas A&M University. Its prime location offers convenient access to a wide array of amenities and services, making it an attractive proposition for a high-density residential development. The asking price for this exceptional investment opportunity is $990,924. The property's substantial size and advantageous zoning provide significant potential for a lucrative project. Situated in Brazos County, this lot is ideally positioned to benefit from the consistent growth and vibrancy of the College Station area. Given its proximity to Texas A&M, this land is perfectly suited for a development catering to the large student population. The NG-3 zoning designation specifically allows for high-density residential construction, making this a highly desirable and potentially very profitable venture. Detailed site plans and zoning information are readily available upon request. Don't miss this chance to acquire a prime piece of College Station real estate.

Property profile
Verified
Property type Commercial real estate
UPID US83-3218554
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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