$750,000

Prime 11.5-acre multifamily development opportunity in one of Nacogdoches' most desirable growth corridors! Located on Martinsville Street just off busy University Drive, this property offers outstanding visibility and convenience. Adjacent to Walmart and just minutes from Stephen F. Austin State University, shopping, restaurants, and medical facilities, the location is ideal for apartments, townhomes, student housing, or other multifamily projects. Zoned for multifamily development, with city water, city sewer, and electricity available. According to FEMA maps, the property is not located in a floodplain, adding to its development appeal. With strong housing demand and an exceptional location near major retail and one of the city's busiest commercial corridors, this property presents a rare opportunity for developers and investors looking to build in the heart of Nacogdoches.