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    12348 Us-59 Bus Splendora, TX 77372

    For Sale
    $2,640,800

    10.73 Acres, Hwy 59 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 10.73-acre commercial/industrial land parcel boasts excellent visibility and frontage on Highway 59 (I-69) in Splendora, Texas. Strategically located adjacent to Mustang Cat Equipment Rental Center, this property offers significant advantages for businesses seeking high traffic exposure. The site features multiple access points, including convenient access from Cole Drive, in addition to Highway 59. City of Splendora utilities, including water and sewer, are readily available. Its prime location provides easy access to major thoroughfares such as Highway 99 (Grand Parkway) and State Highway 242, placing it within a 34-minute drive (30 miles) of Houston and George Bush Intercontinental Airport (IAH). The property's APN numbers are 6060-00-05200, 6060-00-05300, and 6060-00-05100. The asking price is $2,640,800. This high-traffic area presents a unique opportunity for development and investment. The address is 12348 US-59 BUS, Splendora, TX 77372, within Montgomery County.

    Property Features for 12348 Us-59 Bus

    General Information

    Property type
    Land
    Lot Size
    467,399 SF

    HighLights

    • 10.73‑acre commercial/industrial land parcel in Splendora, TX, with excellent Highway 59 (I‑69) frontage.
    • High‑traffic location adjacent to Mustang Cat Equipment Rental Center.
    • Multiple access points, including from Cole Drive and Highway 59.
    • City utilities (water & sewer) available.
    • Easy access to Hwy 99 & Hwy 242; ~30 miles to Houston & IAH.
    • APN: 6060‑00‑05200, 6060‑00‑05300, 6060‑00‑05100. Address: 12348 US‑59 BUS, Splendora, TX 77372.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Splendora
    County
    Montgomery
    State
    Texas
    Longitude
    -95.144122911748
    Latitude
    30.261882225292

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    FAQs

    What type of property is this?
    Land - 10.73 Acres, Hwy 59 Frontage
    Where is this land located?
    The property is located at 12348 Us-59 Bus Splendora, TX.
    What is the asking price?
    The asking price for this property is $2,640,800.
    What are key features of this property?
    This property features: 10.73-acre commercial/industrial land parcel in Splendora, TX, with excellent Highway 59 (I-69) frontage.; High-traffic location adjacent to Mustang Cat Equipment Rental Center.; Multiple access points, including from Cole Drive and Highway 59.
    Request Owner's contact information
    12348 Us-59 Bus Splendora, TX 77372
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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
    12348 Us-59 Bus Splendora, TX 77372
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