34 Acres | Veterans Memorial Parkway

Description

Exceptional Development Opportunity in a Highly Visible Location!

Located directly in the path of progress, this property is in a highly desirable location on Veterans Memorial Parkway/Smither Drive, which sees an average of 5100+ vehicles daily. It has great visibility and proximity to Ravenwood Village Shopping Center, West Hill Mall, Walmart Supercenter, and general retail.

City utilities include 12" water line, 10" sewer line w/21" in proximity, and electricity along road frontage. The limited zoning restrictions present an opportunity for a range of businesses, such as Multifamily, Residential Housing, Convenience Centers, Office, or Flex Space Facilities, especially with the demand created by the nearby retail/residential development.

The property features dual frontage with 2100+ ft of frontage on Veteran Memorial Parkway and 1000+ ft of frontage on Smither Dr., ensuring straightforward development potential.

Seize this unique opportunity to invest in a property with immense possibilities. For more details and to explore this opportunity. Contact us today!

MARKET HIGHLIGHTS:

Huntsville, TX, offers an exceptional quality of life and is renowned as the home of Sam Houston State University, one of the fastest-growing universities in Texas. This vibrant city also hosts major employers including the Texas Department of Criminal Justice (TDCJ), Region 6 Educational Service Center, Walmart, Weatherford, and many others. These institutions contribute to making Huntsville an increasingly valuable investment market.

With a student population exceeding 21,000, Sam Houston State University plays a pivotal role in driving demand and economic activity in the area. This number is on a steady incline, further boosting local spending and enhancing the city's appeal as a dynamic market location.

DEMOGRAPHICS: 1 Mile 3 Mile 5 Mile

Total Population 2023 910 39,386 49,032

Total Daytime Population 4,425 36,843 45,649

Average HH Income $73,458 $45,249 $52,677

*Demographic data derived from 2023 ESRI

Directions: Directions from Houston: Follow IH 45 North, take exit 115 toward Ave S/Smith Dr., in .7 mile turn left on Smith Dr., in .8 mile the destination is on your left.

Showing Instructions: Buyer &/or agents must notify Homeland Properties of intent to view/tour & make advance appointment. A minimum of 24 hours’ notice is required. Buyers must be accompanied by broker/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.