12 Acres | 300 West School Street

Description

Positioned in the heart of Madisonville, 300 W School Street and W Park Street present a rare large-scale infill redevelopment opportunity within the city limits. Comprised of two contiguous parcels totaling approximately 12.116 acres per CAD, the property features approximately 30,000 square feet of existing improvements, according to CAD records, offering a unique combination of scale, infrastructure, and redevelopment flexibility.

Conveniently located near SH 75, US 190/SH 21, and Interstate 45, the property benefits from strong regional connectivity while maintaining a central Madisonville location. The site includes approximately 24,000 square feet of former school improvements and an approximately 6,000-square-foot large-span gymnasium situated on approximately 6.76 acres at 300 W School Street, along with an adjoining ±5.356-acre parcel along W Park Street. The layout supports phased development, multiple site configurations, potential subdivision opportunities, and a wide variety of redevelopment strategies.

Existing improvements may be suitable for adaptive reuse as educational, religious, civic, office, healthcare, recreational, event, warehouse, light manufacturing, or community-oriented facilities, subject to applicable approvals. The surplus land provides additional flexibility for expansion, new construction, parking, recreational amenities, residential redevelopment, or complementary commercial uses.

Utilities include public water, public sewer, natural gas, fiber optic internet, and existing electrical service. Buyers should independently verify utility availability, capacity, zoning requirements, and suitability for their intended use. The property is currently zoned Single Family Residential, though city officials have indicated a willingness to consider alternative zoning classifications for appropriate redevelopment proposals.

Madisonville continues to benefit from increasing regional demand driven by its strategic location between Houston, College Station, and Huntsville. Opportunities to acquire approximately 12 acres with substantial existing improvements within the city limits are increasingly rare, positioning this property as a compelling opportunity for developers, owner-users, institutions, nonprofits, investors, and redevelopment groups seeking a prominent presence in a growing East Texas market.

Whether pursuing adaptive reuse, commercial redevelopment, an institutional campus, or a long-term investment strategy, 300 W School Street offers a unique combination of location, infrastructure, existing improvements, and redevelopment potential in one of East Texas's most strategically positioned growth corridors.

Utilities: Electric available, Water available, Sewer Available

Utility Providers: Entergy, City of Madisonville WSC

Directions:

From Houston, take I-45 North toward Madisonville. Exit onto TX-21 West toward Madisonville and continue into town. Turn right onto N Elm Street. In 3 blocks, the property will be located on your left.

Showing Instructions:

Buyer & or agents must notify Homeland Properties of intent to view or tour & make advance appointment. A minimum of 24 hour notice is required. Buyers must be accompanied by broker or agent. Licensed co-brokers are welcome to show this property by advance appointment and will receive a co-broker fee if the co-broker accompanies their buyer from the first contact to the closing of a sale.