Description
The property has 950 feet on North FM 362 near the intersection of Cameron Rd and approximately 2 miles North of US 290.
The Property is rectangular in shape. FM 362 is becoming a major artery that connects from the South, I-10, to US 290, then FM 1488, and on to the extreme North, State Hwy 105 near the new SH 105 and SH 249 Freeway (under construction).
The tract is within 2 miles of US 290 and Waller High School. Just a mile West of the subject property is the recently purchased 520+/- acres purchased by Wolff Development Company, who will develop the 520+/- acres and has just spun off 200 acres to "Long Lake, LTD.", a residential developer.
Daikin, the world's largest air conditioning company at US 290 and Kickapoo Rd. It employs more than 7,000+/- people. Daikin is 4 miles from the subject property. A major town center is planned on a 450-acre tract at the intersection of US 290 and FM 2920, approximately 2.5 miles from the subject property. 100 acres of the Town Center site were recently sold to Blinn Jr. College. This location is the "hub" of Waller and will have a major impact on the City of Waller and the surrounding property development.
The subject property can be used for investment, commercial, residential, or industrial.
Recent activity and purchases show the City of Waller is now the place investors and developers are flocking to (See attached articles).
The subject property is in an ideal area and location to see fast and continued development.
