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    Highway 290 Hempstead, TX 77445

    For Sale
    $799,000

    2.12 Acres, prime Hwy 290 location. High growth potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 2.12-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Hempstead, Texas. Strategically located on Highway 290, this property enjoys high visibility and convenient access, making it ideal for a wide range of commercial ventures. The land is currently open and ready for development, offering unparalleled flexibility for prospective buyers. Its proximity to an existing motel further enhances its appeal and potential for synergistic business opportunities. Situated in the rapidly expanding city of Hempstead, this property benefits from a dynamic and growing market, promising significant returns on investment. The asking price is $799,000. The property's address is Highway 290, Hempstead, TX 77445. All offers are welcome. This is a rare chance to acquire a substantial commercial land holding in a prime location with excellent growth prospects. Don't miss this opportunity to secure your place in Hempstead's burgeoning commercial landscape.

    Property Features for 0 Highway 290

    General Information

    Property type
    Land
    Lot Size
    92,347 SF

    HighLights

    • 2.12‑acre commercial land parcel in Hempstead, TX.
    • High‑visibility location on Highway 290.
    • Ready for immediate development.
    • Near existing motel, offering synergistic potential.
    • $799,000 asking price.
    • Address: Highway 290, Hempstead, TX 77445.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hempstead
    County
    Waller
    State
    Texas
    Longitude
    -96.092306349361
    Latitude
    30.118206866579

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    FAQs

    What type of property is this?
    Land - 2.12 Acres, prime Hwy 290 location. High growth potential.
    Where is this land located?
    The property is located at Highway 290 Hempstead, TX.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: 2.12-acre commercial land parcel in Hempstead, TX.; High-visibility location on Highway 290.; Ready for immediate development.
    (832) 643-2668
    Request Owner's contact information
    Highway 290 Hempstead, TX 77445
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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
    Highway 290 Hempstead, TX 77445
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