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    Fm 1462 Rd Damon, TX 77430

    For Sale
    $401,681

    Prime commercial tract, excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2.728-acre commercial land parcel presents a remarkable investment opportunity in Damon, Texas. Strategically located on FM 1462, this property boasts approximately 330 feet of frontage, offering high visibility and accessibility. Situated midway between Highway 288 and Highway 36, at the intersection of FM 1462 and FM 762, this site benefits from significant traffic flow and proximity to major thoroughfares. The property is zoned to Needville ISD and is conveniently located approximately six miles from the proposed State Highway 99/Grand Parkway project, promising future growth and development potential. Ideal for a variety of commercial uses, including a gas station or retail center, this tract presents a compelling opportunity. Importantly, this land is located in FEMA Flood Zone X, outside the 100-year and 500-year floodplains. The seller owns a larger 67-acre tract at this location, with approximately 1,000 feet of frontage on FM 1462, and is open to selling additional adjacent acreage to accommodate buyers seeking a larger footprint. The dimensions and acreage of the listed property are flexible and can be adjusted to meet specific buyer needs. This property is identified as "Tract 1" within a larger parcel (FB CAD IDs: R32220, R32224, R32225 & R32226). The asking price is $401,681. Prospective buyers are encouraged to verify all measurements, exemptions, restrictions, and other pertinent information.

    Property Features for 0 Fm 1462 Rd

    General Information

    Property type
    Land
    Lot Size
    118,832 SF

    HighLights

    • $401,681 asking price.
    • 2.728‑acre commercial land tract.
    • Located in Damon, Texas, on FM 1462, between Hwy 288 and Hwy 36.
    • Zoned to Needville ISD, approximately 6 miles from the proposed State Highway 99/Grand Parkway.
    • Situated in FEMA Flood Zone X, outside the 100‑year and 500‑year floodplains.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Damon
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.643218741692
    Latitude
    29.351775794267

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    FAQs

    What type of property is this?
    Land - Prime commercial tract, excellent location.
    Where is this land located?
    The property is located at Fm 1462 Rd Damon, TX.
    What is the asking price?
    The asking price for this property is $401,681.
    What are key features of this property?
    This property features: $401,681 asking price.; 2.728-acre commercial land tract.; Located in Damon, Texas, on FM 1462, between Hwy 288 and Hwy 36.
    Request Owner's contact information
    Fm 1462 Rd Damon, TX 77430
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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

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    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
    Fm 1462 Rd Damon, TX 77430
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