309 Cherry St College Station, TX 77840
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.