1520 Lone Star Parkway Pky - 19.6 Acres-Lone Star Pkwy and Buffalo Springs
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1520 Lone Star Parkway Pky - 19.6 Acres-Lone Star Pkwy and Buffalo Springs
19.6 Acres of Commercial Land Offered at £5,041,280 in Montgomery, TX 77356
Executive Summary
This 19.6-acre development opportunity in Montgomery, Texas, is priced at $7.50 per square foot and offers a range of potential uses including Build-to-Rent (BTR), Multi-Family, Office Warehouse, Office Condos, and Retail. Situated within a Planned Development District, the site boasts prime accessibility with 820 feet of frontage along Lone Star Parkway and 1,330 feet along Buffalo Springs Drive, including a lighted intersection. Utilities are provided by the City of Montgomery, and the property benefits from a competitive 2023 tax rate of 1.968%. This site presents a rare opportunity for developers seeking a versatile and well-positioned location in a growing market.
Property Facts
| Price | £5,041,280 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 19.60 AC |
| Property Type | Land | Cross Streets | Buffalo Springs Drive |
| Price | £5,041,280 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 19.60 AC |
| Cross Streets | Buffalo Springs Drive |
1 Lot Available
Lot
| Price | £5,041,280 | Lot Size | 19.60 AC |
| Price Per AC | £257,208 |
| Price | £5,041,280 |
| Price Per AC | £257,208 |
| Lot Size | 19.60 AC |
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PROPERTY TAXES
| Parcel Number | 0008-00-00114 | Improvements Assessment | £0 |
| Land Assessment | £537,842 | Total Assessment | £537,842 |
PROPERTY TAXES
Parcel Number
0008-00-00114
Land Assessment
£537,842
Improvements Assessment
£0
Total Assessment
£537,842
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1520 Lone Star Parkway Pky - 19.6 Acres-Lone Star Pkwy and Buffalo Springs
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