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Unrestricted Land Near US 290
For Sale
$7,118,253

40224 Fm 1488 RD, Hempstead, TX 77445

Unrestricted agricultural land close to US 290, AG exemption.

Property Size1 SF
Price / SF$7,118,253
Days on Market991

Property Features for 40224 Fm 1488 RD

General Information

Standard status Active
Size 1 SF
Property subtype Vacant Land
Listing Agency: Hutaib USA
Listed By: Mansur Hussain · License #0489940
Source: Reflectrealestate
Added: Jan 2, 2024 Changed: Sep 14 Last Checked: Sep 16 at 4:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hutaib USA

Investment Insights

Based on property information with market context.

This property consists of agricultural land with no restrictions. It is located close to US 290 and currently benefits from an AG exemption.

Key Highlights

  • No Restrictions offering flexibility for various uses.
  • Close to US 290 providing convenient access.
  • Currently under AG Exemption.

Property Analytics

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Current Use

Agricultural land / Farmland

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Building Supply Auto Repair Shop Grocery & Convenience Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 77445, TX

14,160
Population
5,810
Households
2.4
Avg Household Size
37
Median Age
13%
College-Educated
84%
High-School Grad
185.8 sq mi
ZIP Area
76
Density / Sq Mi
$63,650
Median Household Income
$32,347
Median Earnings
$1,251
Median Rent
$270,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Land - Unrestricted agricultural land close to US 290, AG exemption.
Where is this land located?
The property is located at 40224 Fm 1488 RD Hempstead, TX.
What is the asking price?
The asking price for this property is $7,118,253.
What are key features of this property?
This property features: No Restrictions offering flexibility for various uses.; Close to US 290 providing convenient access.; Currently under AG Exemption.
More about this property
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