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5650 State Hwy 47 - Porterfield-Watson Family Ptnrs 18.92 Acres of Commercial Land Offered at $7,400,000 in Bryan, TX 77807

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INVESTMENT HIGHLIGHTS

Location on hard corner of Highway 47 & Leonard Rd. within the City of Bryan Riverside Innovation Corridor Expansion.
Water, electric on site.

Gently sloping to level property

EXECUTIVE SUMMARY

Prime location for development or investments. Most utilities are already on site. Hard corner on State Hwy 47 (Riverside Pkwy) & Leonard Rd.

PROPERTY FACTS

Price	$7,400,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial Retail Community Center Convenience Store Department Store Drugstore Fast Food Hold For Development Hold For Investment Hotel Office Park Research and Development Religious Facility Service Station Storefront, Retail or Office Strip Center Supermarket
Sale Conditions	Build to Suit Redevelopment Project	Total Lot Size	18.92 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land
Zoning	Retail Services

Price	$7,400,000
Sale Type	Investment or Owner User
Sale Conditions	Build to Suit Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Community Center Convenience Store Department Store Drugstore Fast Food Hold For Development Hold For Investment Hotel Office Park Research and Development Religious Facility Service Station Storefront, Retail or Office Strip Center Supermarket
Total Lot Size	18.92 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Retail Services

1 LOT AVAILABLE

Lot

Price	$7,400,000	Lot Size	18.92 AC
Price Per AC	$391,120.51

Price	$7,400,000
Price Per AC	$391,120.51
Lot Size	18.92 AC

A005901, T J WOOTEN (ICL), TRT 24, 8.929 acres AND 10.0 acres of PORTERFIELD-WATSON PH3, LOTS 21-24, for TOTAL acres 18.929 (new survey)

DESCRIPTION

This 18.929-acre tract of land in a Bryan Opportunity Zone at the center of the upcoming Riverside Innovation Corridor project is close to TAMU, TAMU Health Science Center, Easterwood Airport, TAMU Rellis Campus, and the Brazos County Expo Center. It is located on the hard corner of Highway TX-47 (Riverside Parkway) and Leonard Road. There are no pipelines or easements running through the property, no significant elevation changes, and Wellborn Water is available on site. There is a City of Bryan 3-phase transmission line across from Emily Drive at the west boundary line and single-phase electricity on site along Leonard Road. The property provides 760 feet of Hwy 47 (Riverside Parkway) frontage, 1167 feet of Leonard Road frontage, and 814 feet of Emily Drive frontage. The City of Bryan has 2023-2025 planned sewer line upgrades and extensions. Targeted for massive growth in the next 2-5 years, this area is prime for development or investment.

LINKS

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PROPERTY TAXES

Parcel Numbers	Multiple 14101 92478 92481 92479 92480	Improvements Assessment	$0
Land Assessment	$417,238	Total Assessment	$417,238

PROPERTY TAXES

Parcel Numbers

Multiple

14101
92478
92481
92479
92480

Land Assessment

$417,238

Improvements Assessment

Total Assessment

$417,238

(979) 324-4797

CONTACT

Greg Zweiacker
Zweiacker & Associates Real Estate

Listing ID: 26583263
Date on Market: 9/8/2022
Last Updated:
Address: 5650 State Hwy 47, Bryan, TX 77807

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