0 Parsons Rd - Commercial LAND FOR SALE


Victoria, TX 77904 6,838,920 SF
$3,547,350 USD
214-556-1951
0 Parsons Rd, Victoria, TX for Sale
$3,547,350 USD
Commercial LAND - FOR SALE
1/2
6,838,920 SF

0 Parsons Rd
Victoria, TX 77904


HIGHLIGHTS

  • The Site is located just over a mile west of Highway 77, the main north south thoroughfares in Victoria which provides convenient access to downtown.
  • 3 miles from the intersection of Highway 77 and Zac Lentz Highway, the Site is well positioned for future residents to enjoy extensive retail options.
  • Known as the “Crossroads of South Texas”, three major highways intersect in Victoria: U.S. Highways 59, 77, and 87.
  • The Site has an approved MUD in place, Willow Creek MUD, which will provide significant reimbursements for various infrastructure improvements.
  • Proposed Concept Plan showing 424 lots consisting of 260 50’x120’ lots, 164 60’x120’ lots, and 18.8+/- acres for Build-to-Rent.
  • Purchaser to verify zoning and uses allowed on the Site.

OVERVIEW

Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer the opportunity to purchase 157+/- acres (the “Site”) in the Victoria ETJ. The City of Victoria is well located at the intersection of Highway 59 and Highway 87 providing direct access to both Houston and San Antonio. Victoria has an estimated population of 66,020 residents as of 2024. The Site is primed for development with an approved Municipal Utility District in place (“Willow Creek MUD”); Ownership has also had their engineers put together a Concept Plan showing 424 lots inclusive of 260 50’x120’ lots, 164 60’x120’ lots, and 18.8+/- acres for Build-to-Rent. At a price point of only $22,500 per gross acre, the Site offers a rare opportunity to purchase a prime development tract at an extremely attractive price point. A 2% Co-Broker fee is available to a Co-Broker that sources a Principal that VREA has not previously contacted in any format or sent information regarding this opportunity. If seeking a Co-Broker Fee, the third-party broker must be identified upon initial conversation with listing broker.

FOR SALE DETAILS

PRICE

$3,547,350 USD

PRICE/ACRE

$22,595/AC

PRICE/SF

$0.52 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Parsons at Northside

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Mixed Use, Hold for Development, Hold for Investment, Planned Unit Development, Single Family Development, Single Family Residence

LAND ACRES

157 AC

LAND SF

6,838,920 SF

OFFSITE IMPROVEMENTS

Electricity, Cable, Telephone

ZONING

ETJ

APN/PARCEL ID

03210-000-36801

ASK ABOUT THIS PROPERTY

Jordan CortezVanguard Real Estate AdvisorsMore Info
214-556-1951

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Jordan CortezVanguard Real Estate AdvisorsMore Info
214-556-1951

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.