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    Binford Rd Waller, TX 77484

    For Sale
    $6,000,000

    Prime unrestricted land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 40-acre industrial land parcel presents a remarkable investment opportunity in Waller, Texas, situated in Harris County's rapidly expanding Northwest Corridor. Boasting an unrestricted zoning designation, this property offers unparalleled flexibility for a diverse range of development projects, including industrial or multifamily uses. Strategically located at the hard corner of Binford Road and Waller Spring Creek Road, the site provides nearly 1,300 feet of combined road frontage, ensuring excellent visibility and accessibility. City of Waller utilities are conveniently located nearby. Currently benefiting from an agricultural tax exemption due to its use for cattle grazing, the property includes existing improvements such as an approximately 80' x 100' hay barn, a pond for livestock, and fencing on three sides. The asking price is $6,000,000, translating to $150,000 per acre. This represents a compelling value proposition in a high-growth area with significant future potential. The property's size, location, and zoning make it an exceptional choice for investors seeking a prime development site in the Houston metropolitan area. The zip code is 77484.

    Property Features for 0 Binford Rd

    General Information

    Property type
    Land
    Lot Size
    1,742,400 SF

    HighLights

    • 40‑acre unrestricted tract in Houston's booming NW Corridor, ideal for industrial or multifamily development.
    • Hard corner location at Binford and Waller Spring Creek Roads with nearly 1,300 feet of combined frontage.
    • City of Waller utilities readily accessible.
    • Currently enjoys agricultural tax exemption; features a hay barn and pond.
    • Three‑sided fencing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waller
    County
    Harris
    State
    Texas
    Longitude
    -95.8917782
    Latitude
    30.080315

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    FAQs

    What type of property is this?
    Land - Prime unrestricted land, ideal for development.
    Where is this land located?
    The property is located at Binford Rd Waller, TX.
    What is the asking price?
    The asking price for this property is $6,000,000.
    What are key features of this property?
    This property features: 40-acre unrestricted tract in Houston's booming NW Corridor, ideal for industrial or multifamily development.; Hard corner location at Binford and Waller Spring Creek Roads with nearly 1,300 feet of combined frontage.; City of Waller utilities readily accessible.
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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
    Binford Rd Waller, TX 77484
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