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    Hwy 59 & Midline Rd Cleveland, TX 77327

    For Sale
    Contact for pricing

    37 Acres, High Visibility, Texas

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 37.29-acre unrestricted land parcel presents a unique investment opportunity. Boasting excellent visibility from Highway 59, this property is strategically located in Liberty and Montgomery Counties, Texas, and is partially situated within an Opportunity Zone. Its proximity to Fostoria Road ensures easy access to Interstate 69 (Highway 59). The location offers convenient access to major thoroughfares and attractions, including the Grand Texas Theme Park and Highway 242 (7.1 miles), the Grand Parkway (Highway 99) and Valley Ranch Town Center (12 miles), and Downtown Houston and George Bush Intercontinental Airport (within 25 minutes). The seller is open to dividing the property, providing flexibility for various development scenarios. The property's address is 0 Hwy 59 & Midline Rd, Cleveland, TX 77327. This prime location and versatile zoning make it ideal for a wide range of commercial and residential uses. The property's latitude and longitude coordinates are 30.273465, -95.134694 respectively.

    Property Features for 0 Hwy 59 & Midline Rd

    General Information

    Property type
    Land
    Lot Size
    1,624,352 SF

    HighLights

    • 37.29‑acre unrestricted land parcel with excellent Highway 59 visibility.
    • Located in Liberty & Montgomery Counties, Texas, partially within an Opportunity Zone.
    • Convenient access to I‑69 (Highway 59) via Fostoria Road.
    • 7.1 miles to Grand Texas Theme Park and Highway 242.
    • 12 miles to Grand Parkway (Highway 99) and Valley Ranch Town Center.
    • 25‑minute drive to Downtown Houston and George Bush Intercontinental Airport.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cleveland
    County
    Liberty
    State
    Texas
    Longitude
    -95.134694
    Latitude
    30.273465

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    FAQs

    What type of property is this?
    Land - 37 Acres, High Visibility, Texas
    Where is this land located?
    The property is located at Hwy 59 & Midline Rd Cleveland, TX.
    What are key features of this property?
    This property features: 37.29-acre unrestricted land parcel with excellent Highway 59 visibility.; Located in Liberty & Montgomery Counties, Texas, partially within an Opportunity Zone.; Convenient access to I-69 (Highway 59) via Fostoria Road.
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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
    Hwy 59 & Midline Rd Cleveland, TX 77327
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