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The distinguished value of owning this property is the rare R-6 zoning which will accommodate a high rise development. This perfectly square .917 acre lot is less than one block from the intersection of Texas Ave and University Drive on the NE side of Texas A&M campus. This property qualifies as a Qualified Opportunity Zone for tax planning. Property is approximately 40,000 square feet(200’ x 200’), zoned R6 high density multi family. The lot is not only close to a well-known intersection, it is also less than a block from the TAMU campus. The lot is within a short walking distance to: Century Square, Fuego, Lupe Tortilla, World of Beer, Applebee’s, Mad Taco, Denny’s, Jimmy John’s, On The Border, Barnes & Noble, Best Buy, Office Depot. It can either be developed now or be held as an investment. Very similar property close by is already valued at $2 million by appraisal district.
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Listing information is provided by Bryan-College Station Regional MLS.