Listing Id: 1580419829
Property Type: Mixed Use Land
County: Harris County
Address: U.S. 290
City: Hockley
State: TX
Zip Code: 77447
Status: Available
Acres: 165
Square Feet: 7,187,400.00
Total Price: 31,000,000.00
Lease Price:
Zip Code: 77447

Map

Description

Remaining 165+/- acres at US 290, Kickapoo Road and Kermier. Located across from the newly constructed "Daikin" $410 Million Dollar Air-Conditioner Factory and Campus (See recent Houston Business Journal article of January 26, 2018 and Houston Business Journal article of January 9, 2015).

In September 2016, 44.6395 acres were sold to "Broad Ocean" and 10 Acres was sold in January 2018 to "Power Plumbing, Inc.."

Area Info

This Tract is ideally located on the South side of US 290 approximately 2 miles East of Waller, Texas, and approximately 9 miles West of the Grand Parkway. The Grand Parkway, when complete, will loop Houston (186+/-miles).

With the introduction in 2017 of the "Daikin" $410 Million Dollar Factory and Campus directly across from the subject property, plus employing 4,000 employees, and increasing to 7,000 employees by 2020 as reported in the latest Houston Business Journal, this Subject Property is an ideal investment or Development opportunity.

In addition, large Retail Development exists at US 290 and the Grand Parkway, including Bridgeland's 11.00 acre Residential Development (See Aerial).

US 290 and FM 2920 has a "Waller Town Center" planned (See Concept) +/- 450ac.

Ideal Use

Ideal use for Apartments, Industrial Use, Residential and/or Commercial.

Restrictions

None currently. May impose some (noise, etc.)

Frontage

Approximately 4,750 feet adjacent to US 290 and 2,084+/- feet on Kickapoo Road, and 2,080+/- feet on Hempstead Highway.

Minerals

Surface.

Divisible

May divide (price will depend on size and location). Can divide in Sections 1, 2, 3, and 4 as shown on Survey.