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1350 Mercantile Street - Daycare Location - Indigo 0.23 Acres of Commercial Land Offered at $1,513,792 CAD in Richmond, TX 77406



INVESTMENT HIGHLIGHTS
- Possibly the most walkable neighborhood in the entire Houston region.
- No daycare facility currently
- 60% of the community is green space
EXECUTIVE SUMMARY
This is land for sale, and buyer will design and build own building. Architecture Guidelines provided by Developer.
All parking provided, and utilities brought to site. No designated parking, all shared.
Daycare could hold 100-120 children.
PROPERTY FACTS
1 LOT AVAILABLE
Lot Reserve B
| Price | $1,513,792 CAD | Lot Size | 0.23 AC |
| Price Per AC | $6,594,089.84 CAD |
| Price | $1,513,792 CAD |
| Price Per AC | $6,594,089.84 CAD |
| Lot Size | 0.23 AC |
All utilities brought to site. Parking provided, off property. Perfect for 4,500-5,000 of building with two side yards at 1800sq ft and 2000 sq ft. Fits 100-120 students in new Indigo Community. Buyer designs and builds own building to their taste.
DESCRIPTION
10,000sq of land in the heart of the commercial town center of Indigo, a new walkable master planned community in fast growing Fort Bend County. Community will include 700 homes and 150 apartments. Two small apartment complexes, and 22 mixed use buildings that may include apartments will be in the Commons next to this daycare. Many young families are moving into the area, and with a smaller than average home size, and a higher than average household income, residents in Indigo will need daycare. Property is right off of Harlem Road, and there is a one way "slip street" that runs parallel to Harlem that goes in front of the property to allow for drop off/pick up, and on street parking. All parking provided by developer, no designated parking, all shared. What sets Indigo apart is that the entire community is in walking distance to the Commons - the pedestrian focused design was intended to give children freedom to roam in the community. Property includes 4 acres of farm land that is separates the property from Harlem Rd, providing access to nature and separating children from busy road. The farm is used to raise chickens and vegetables - the vegetables are sold in the Commons, and the farmers are from a company that the HOA for the community hires. Property subject to a Commercial Association. Property is in Richmond ETJ, and participates in a MUD. 1% of sales price is charged to fund non-profit Foundation that supports the community.
Presented by
Meristem Communities
1350 Mercantile Street - Daycare Location - Indigo
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