22934 Fm 762 RdNeedville, TX 77461

Property Details for 22934 Fm 762 Rd

Year built

1975

Lot size

0.25 AC

Property size (Sq ft)

2,989 SF

Zone code

X

Property type

Commercial real estate

APN

0022-00-000-4870-906

APU

22000004870906

Description

This exceptional investment opportunity presents a 4,809 square foot mixed-use property situated on a 2-acre lot in Needville, Texas, at 22934 FM 762 Rd, zip code 77461. The property, built in 1983 and zoned for commercial use, includes a convenience store and gas station with three underground storage tanks. The convenience store previously included a food preparation and service area and operated successfully for over 30 years. The property boasts excellent visibility from FM 1462 and FM 762, with a 2022 daily traffic count of 3,454 vehicles. Located less than a mile from a Dollar General, this property benefits from its position in a rapidly growing area, including Richmond, Rosenberg, and Rosharon. The site is outside of both the 100 and 500-year floodplains. While the property currently utilizes a water well and septic tank, these will require updating. The proposed Grand Parkway (99) will be approximately 10 minutes away, further enhancing accessibility and future development potential. The asking price for this owner-user investment is $1,500,000. This property offers significant potential for a savvy investor looking to capitalize on the area's robust growth.

• Alternative Use

  Use

  Valuation

  Residential

  $813,651

  Hospitality

  $745,300

  Educational

  $620,081

  Medical

  $641,407

  Retail

  $964,571

Location Insight

City

Needville

County

Fort Bend

State

Texas

Latitude

29.3526

Longitude

-95.6423

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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