Add Listing
    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

    824 County Road 2268 Cleveland, TX 77327

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $900,000

    30.45-acre property with pond, ideal for residential development.

    Lot size:
    30.45 Acres

    Property Features for 824 County Road 2268

    General Information

    Standard status
    Active
    Lot size
    30.45 Acres

    We can help!

    Listing Contact
    Kathy Stenson
    Kathy Stenson
    Source: Corcoran

    Listing Agency: CONNECT REALTY.COM Listing Agent: Kathy Stenson

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

    Learn more

    Overview

    30.45 Acres in Cleveland, Texas

    This 30.45-acre property is located in Cleveland, Texas. The land is fully fenced and includes a gated entrance off County Road 2268. A large pond enhances the property’s natural beauty and provides a water source. The property is suited for building a home, creating a private ranch, or developing a small residential neighborhood. With usable acreage and easy access to major highways, this property is suitable for developers, investors, or those seeking country living close to town.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Spa & Massage Center Hair Salon Nail Salon Gym & Fitness Center Discount Store Grocery & Convenience Store Daycare Center Bakery Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Liberty
    State
    Texas
    Longitude
    -94.96488
    Latitude
    30.323322

    Nearby Similar for Sale

    • $269,000
      4,927 SF

      Versatile Facility with Event Potential

      Adaptable 5,000 sq ft facility suitable for various purposes.
      301 S Fenner Ave, Cleveland, TX 77327
      View Details
    • $1,400,000
      2,928 SF

      Office, Warehouse, Secured Yard Space

      Office, warehouse, and secured yard space near Cleveland CBD.
      213 N Washington Ave, Cleveland, TX 77327
      View Details
    • Contact for pricing
      5,200 SF

      Retail Building on High-Traffic Corridor

      5,200 SF retail building in high-growth Houston area market.
      1009 East Houston St, Cleveland, TX 77327
      View Details
    • $500,000

      Versatile Cleveland Commercial Building

      2,800 sq. ft. building ideal for warehouse or office.
      500 E Houston St, Cleveland, TX 77327
      View Details
    • $700,000
      1,927 SF

      Versatile Property with Open Acreage

      Picturesque property suitable for events or private ranch retreat.
      105 County Road 2239, Cleveland, TX 77327
      View Details
    • $1,500,000

      Retail Investment Opportunity

      Recently renovated retail space in high-traffic Cleveland area.
      206 W Houston St, Cleveland, TX 77327
      View Details
    • $550,000

      Commercial Corner Property For Sale

      0.46 acre lot with 5,408 sq. ft. building.
      575 County Rd, Cleveland, TX
      View Details
    • $4,354,800

      Retail Showroom with Warehouse Space

      13,750 SF retail showroom with warehouse on 19.41 acres.
      752 Highway 59 North Byp, Cleveland, TX 77327
      View Details
    • $825,000

      Industrial Facility with Expansive Yard

      Manufacturing and industrial facility with multiple buildings and excellent accessibility.
      2565 Lee Turner Rd, Cleveland, TX 77328
      View Details
    • $719,000

      Unrestricted Acreage with Modern Comfort

      Spacious home on six unrestricted acres with pool and shop.
      1122 County Road 2274, Cleveland, TX 77327
      View Details
    • $349,900

      Cleveland, TX Home on Acreage

      Move-in ready 3 bed, 2 bath home on 10 acres.
      361 Jayhawker Rd, Cleveland, TX 77328
      View Details
    • $449,000
      2,372 SF

      Ranch with Acreage and Potential

      9.93-acre ranch featuring two dwellings and animal stalls.
      101 A J Murry Rd, Cleveland, TX 77328
      View Details

    FAQs

    What type of property is this?
    Land - 30.45-acre property with pond, ideal for residential development.
    Where is this land located?
    The property is located at 824 County Road 2268 Cleveland, TX.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - Expansive 30.45-acre property offering numerous development or residential possibilities.; - Fully fenced with gated entrance ensuring privacy and security.; - Large pond providing a natural water source and enhancing the property's appeal.
    (281) 728-3948
    Request Owner's contact information
    824 County Road 2268 Cleveland, TX 77327
    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.
    824 County Road 2268
    Cleveland, TX 77327
    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
    824 County Road 2268 Cleveland, TX 77327
    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
    Kathy Stenson
    Kathy Stenson
    Real Estate License ID: 0511457
    (281) 728-3948 (281) 292-3499
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!