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    321 Cleveland Tx Cleveland, TX 77327

    For Sale
    $3,132,400

    Prime Cleveland, TX commercial acreage. Highway frontage, utilities available.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 8-acre commercial and industrial land parcel presents a remarkable development opportunity in Cleveland, Texas. Located on State Highway 321, this property boasts 500 feet of highway frontage, ensuring high visibility and accessibility. The land is already cleared and equipped with all necessary utilities, simplifying the development process. A Texas Department of Transportation (TXDOT)-permitted driveway is in place. The property's strategic location directly across from Grand Oaks Reserve, a new 600-acre development, promises significant growth potential. High traffic counts are a key advantage, with 9,363 vehicles per day (VPD) east of the site and 13,203 VPD west, on SH 321 and SH 105. The surrounding area demonstrates strong population growth, with 10,657 residents within 3 miles, 15,011 within 5 miles, and 41,164 within 10 miles. Daytime populations within these same radii are 12,134, 15,477, and 35,355 respectively. This property is ready for immediate development, offering a unique blend of location, infrastructure, and growth potential. The asking price is $3,132,400. Located in Liberty County, Texas, zip code 77327.

    Property Features for 321 Cleveland Tx

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cleveland
    County
    Liberty
    State
    Texas
    Longitude
    -95.061949534636
    Latitude
    30.334985955174

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    FAQs

    What type of property is this?
    Land - Prime Cleveland, TX commercial acreage. Highway frontage, utilities available.
    Where is this land located?
    The property is located at 321 Cleveland Tx Cleveland, TX.
    What is the asking price?
    The asking price for this property is $3,132,400.
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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
    321 Cleveland Tx Cleveland, TX 77327
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