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99 Commercial Reserve 1 Rosharon, TX 77583

Texas R&D Land - Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 37.695-acre tract is situated at the southwest corner of the Grand Parkway and CR 53 in Rosharon, Texas (zip code 77583), offering a unique investment opportunity. The property is part of a future proposed commercial reserve, ideally positioned at a planned entrance to a master-planned community encompassing over 700 acres and featuring 1,700+ homes. It's also adjacent to another proposed master-planned community by Hines, spanning approximately 954 acres and including over 2,100 homes. A development agreement ensures seamless infrastructure integration, including access to public water, sewer, and drainage, along with cross-access easements. The property boasts 870 feet of frontage on CR 53, with frontage on Grand Parkway yet to be determined. Significant road improvements are planned in the area, including widening of FM 521 and SH 288, and the progression of segments B&C of the Grand Parkway. CR 53 is also slated for widening, becoming a key connector between FM 521 and SH 288. A potential on/off ramp for CR 53 on the Grand Parkway is highly probable. Importantly, the property is outside the floodplain, according to FEMA maps. The seller is willing to divide the property. This prime location and strategic infrastructure improvements make this a compelling investment for R&D and mixed-use development. The property is classified as Multifamily, Industrial, and Mixed Use, with a specific subtype of R&D.

Highlights

  • Hard corner commercial reserve at the southwest corner of Grand Parkway and CR 53, Rosharon, TX.
  • Located at a planned entrance to a 700-acre master-planned community with 1,700+ homes.
  • Adjacent to a 954-acre master-planned community by Hines with 2,100+ homes.
  • Development agreement ensures infrastructure access (water, sewer, drainage) and cross-access easements.
  • 870 feet of frontage on CR 53, with frontage on Grand Parkway to be determined.
  • Significant road improvements planned, including widening of FM 521, SH 288, and Grand Parkway segments B & C; CR 53 widening likely with a potential on/off ramp to Grand Parkway.

Property Details for 99 Commercial Reserve 1

Property type
Life science properties, Mixed-use properties
Lot Size (sq. ft)
1,641,994 SF

Location Insight

City
Rosharon
County
Rosharon
State
Texas
Latitude
29.3522728
Longitude
-95.4602668

FAQs

What type of property is this?
Life science property - Texas R&D Land - Prime Location
Where is the life science property located?
The property is located at 99 Commercial Reserve 1 Rosharon, TX.
What are key features of this property?
This property features: Hard corner commercial reserve at the southwest corner of Grand Parkway and CR 53, Rosharon, TX.; Located at a planned entrance to a 700-acre master-planned community with 1,700+ homes.; Adjacent to a 954-acre master-planned community by Hines with 2,100+ homes.
How can I contact the broker?
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99 Commercial Reserve 1
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