Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Highway 288 Angleton, TX 77515

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Land with frontage on Highway 288 and County Road 44.

    Lot size:
    58.10 Acres

    Property Features for Highway 288

    General Information

    Lot size
    58.10 Acres

    We can help!

    Listing Contact
    Keith Edwards
    Keith Edwards
    Source: Moodyscre

    Listing Agent: Keith Edwards

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Highway 288 Frontage Land

    This property features frontage on Highway 288 and County Road 44. Tract A includes approximately 500 feet of frontage on 288 and approximately 750 feet of frontage on CR 44. Tract B includes approximately 1,100 feet of frontage on CR 44 and approximately 1,375 feet of frontage on Carr Road. The site is suitable for residential or commercial development and is located less than 1 1/2 miles from Highway 35. Tract B is approximately 1/4 mile from 288.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Angleton
    County
    Brazoria
    State
    Texas
    Longitude
    -95.430878
    Latitude
    29.130492

    Nearby Similar for Sale

    • $395,000
      1,600 SF

      Angleton Retail Space on Acreage

      Retail property with expansion potential on 1.1 acres in Angleton.
      1739 E Mulberry St, Angleton, TX 77515
      View Details
    • $950,000
      25.00 Acres

      25 Acres of Improved Land

      25 acres with improvements on County Road 45, Angleton, TX.
      25 Acres County Rd 45, Angleton, TX 77515
      View Details
    • $649,900
      4,818 SF

      Well-Maintained Multifamily Property

      Comfortable and convenient multifamily property in a desirable location.
      1039 N Chenango St, Angleton, TX 77515
      View Details
    • $649,900
      4,818 SF

      Well-Maintained Multifamily Property in Angleton

      Comfortable and convenient multifamily property with dedicated parking and storage.
      1031 N Chenango St, Angleton, TX 77515
      View Details
    • $275,000
      2.73 Acres

      Angleton Mobile Home Park Spaces

      Mobile home park with 10 spaces on 2.7 acres.
      157 Cossin Rd, Angleton, TX 77515
      View Details
    • $999,000
      13,968 SF

      Angleton Warehouse on Velasco Highway

      Commercial warehouse property available for sale in Angleton, Texas.
      310 N Velasco Hwy 288B, Angleton, TX 77515
      View Details
    • Contact for pricing
      1,800 SF

      Angleton Commercial Flex Space Available

      Commercial flex space featuring office, bathroom, and roll-up doors.
      129 N Front St, Angleton, TX 77515
      View Details
    • $525,000
      5,000 SF

      Angleton Commercial Building For Sale

      Multi-suite commercial building in Angleton, TX, suitable for various purposes.
      105 E Wilkins St, Angleton, TX 77515
      View Details
    • $300,000
      8,088 SF

      Angleton Commercial Property For Sale

      Versatile commercial building in Angleton, TX, suitable for various operations.
      611 N Velasco St, Angleton, TX 77515
      View Details
    • $229,000
      3,171 SF

      Angleton Storage & Mobile Home

      36-unit mini storage, mobile home lot on 0.93 acres.
      2600 Shanks Rd, Angleton, TX 77515
      View Details
    • $1,000,000

      Angleton Estate with Log Cabin

      22.3 acre estate featuring a 3-bedroom log cabin.
      2830 County Road 290, Angleton, TX 77515
      View Details
    • $826,000
      2,690 SF

      Updated Ranch-Style Home on Acres

      Updated ranch-style home on 12+ acres of scenic countryside.
      3818 County Road 36, Angleton, TX 77515
      View Details

    FAQs

    What type of property is this?
    Land - Land with frontage on Highway 288 and County Road 44.
    Where is this land located?
    The property is located at Highway 288 Angleton, TX.
    What are key features of this property?
    This property features: - Great Residential or Commercial Development Site (Tract A & B); - +/- 500 FT of frontage on 288 (Tract A); - +/- 1,100 FT of frontage on CR 44 (Tract B)
    (713) 690-0000
    Request Owner's contact information
    Highway 288 Angleton, TX 77515
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Highway 288
    Angleton, TX 77515
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Highway 288 Angleton, TX 77515
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Keith Edwards
    Keith Edwards
    Real Estate License ID: 253460
    (713) 690-0000
    Learn more
    Google sign-in failed. Please try again or use another login method.