The owner of Northwest Mall, the regional shopping center tucked behind the massive roadway construction project at U.S. 290 and the 610 Loop, is selling the 52-acre property.

The site is ideally suited for a hotel, multifamily, office and retail development, said Rusty Tamlyn, senior managing director of HFF, which has the listing.

Most of the tenants in thee 800,000-square-foot mall can be moved within a short time frame, Tamlyn said.

Price expectations are in the $38 per square foot range or $86 million for the entire property.

The owner would consider breaking up the site into multiple pieces.

Houston-based Levcor bought the property from Glimcher Realty Trust in 2007 with plans to renovate the site and potentially turn it into a mixed-use center.