Prime 5.5-Acre Highway 73 Tract zoned Planned Development. Development possibilities include hotel/motel, full-service or fast food restaurant, well-suited for light warehousing or distribution. Exceptional frontage (830 ft) for multiple access points (Txdot approval required). Incentives available --- Under the Texas Local Government Code the City may enter Developer Participation Contracts to reimburse developers for eligible public infrastructure costs — up to 30% of total costs for qualifying public improvements. Eligible improvements commonly include drainage systems (stormwater/flood control), water and sewer line installation, public streets (roads, sidewalks, related infrastructure), and public street lighting. This can materially reduce upfront infrastructure costs for hotel, restaurant or warehousing projects. City Council approval required.

Source: Beaumont MLS, MLS#: 265706