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    6 & Fm 2988 Navasota, TX 77868

    For Sale
    $850,000

    6.5-acre unrestricted commercial lot in Navasota, TX.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 6.5-acre commercial land parcel presents a unique investment opportunity at the northeast corner of Highway 6 and FM 2988 in Grimes County, Texas. Located approximately five miles south of Navasota, this property boasts a highly desirable hard corner location, providing excellent visibility and accessibility. The asking price is $850,000. The lot is unrestricted, offering flexibility for a wide range of commercial developments. A key advantage is its location outside the floodplain, minimizing risk and simplifying development processes. Furthermore, a median cut on Highway 6 allows for convenient access from both directions of traffic. This strategic location provides quick access to major roadways including Highway 6, State Highway 105, FM 2988, FM 1227, and FM 362, ensuring excellent connectivity and high traffic volume. The property's prime location and versatile zoning make it an ideal site for various commercial ventures, promising significant return on investment. The zip code is 77868. This is a rare opportunity to acquire a substantial commercial land parcel in a rapidly growing area of Texas.

    Property Features for 6 & Fm 2988

    General Information

    Property type
    Land
    Lot Size
    283,140 SF

    HighLights

    • Unrestricted land use.
    • Hard corner lot.
    • Located outside the floodplain.
    • Excellent visibility and accessibility via a median cut on Highway 6.
    • Situated approximately 5 miles south of Navasota.
    • Convenient access to major roadways including Highways 6 & 105, and FMs 2988, 1227, & 362.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Navasota
    County
    Grimes
    State
    Texas
    Longitude
    -96.0468081
    Latitude
    30.3091681

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    FAQs

    What type of property is this?
    Land - 6.5-acre unrestricted commercial lot in Navasota, TX.
    Where is this land located?
    The property is located at 6 & Fm 2988 Navasota, TX.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Unrestricted land use.; Hard corner lot.; Located outside the floodplain.
    Request Owner's contact information
    6 & Fm 2988 Navasota, TX 77868
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    Realmo Value Estimation

    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.

    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.

    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
    6 & Fm 2988 Navasota, TX 77868
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