3 Acres in Hempstead, TX - $500,000
DISTRESS SALE!!! 3 Acre Prime Hotel Site facing US Hwy 290 with high elevation and miles of visibility. US 2010 census shows traffic count at 36,000 highest traffic count between Houston, Austin and Bryan/College Station. Exxon, McDonalds, Sonic, BBQ/Seafood & Steak and Denny's Restaurants plus an American Best Value hotel all within walking distance.
City of Hempstead has committed to all utilities for 74 room hotel with manager apartment. Franchise, engineering, survey and architectural drawings may be available with sale.
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From Houston take US Hwy 290 West about 25 minutes and exit FM 1488, turn right at light and then immediately turn left on Cottonwood Street which runs parallel to feeder street, drive pass the Dennys and subject property is in the second fenced area on right.