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    39102 Highway 290 Business Waller, TX 77484

    For Sale
    Contact for pricing

    Prime Ag Land, High Traffic Area, Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This 1.34-acre agricultural land parcel presents an exceptional development opportunity in the rapidly expanding Waller, Texas area. Boasting approximately 320 feet of frontage on Highway 290 Business, this property enjoys excellent visibility and high traffic counts, exceeding 50,000 vehicles daily on US-290 and over 36,000 on the Grand Parkway (99). Its strategic location is situated at the corner of a new single and multifamily development, including 53 duplexes, construction of which began in 2020. This prime location places the property within a high-density residential and commercial area, offering easy access to major freeways and retail amenities. Just minutes from Hempstead, Prairie View, Tomball, Cypress, and the Daikin Technologies HQ, this land benefits from a captive market audience adjacent to Georgetown Oaks, a proposed Binford Business Park, and the new Waller Town Center. The property is conveniently located only one mile from FM 2920 and ten miles from the Grand Parkway (99), placing it on a high-traffic commute corridor. Located in Harris County, Waller ISD, and within the Waller city limits, the 2019 total tax rate was $2.18 per $100 of assessed value. This exceptional property offers significant potential for investors and developers seeking a strategic location in a thriving market.

    Property Features for 39102 Highway 290 Business

    General Information

    Property type
    Farms
    Lot Size
    58,370 SF

    HighLights

    • Outstanding development opportunity in rapidly expanding Waller, Texas.
    • 1.34‑acre lot with ±320 feet of frontage on Highway 290 Business, boasting high visibility and traffic counts (over 50,000 vehicles daily on US‑290 and over 36,000 on Grand Parkway 99).
    • Corner location adjacent to a new development with 53 duplexes (construction started 2020).
    • High‑density residential and commercial area with easy freeway and retail access; minutes from Hempstead, Prairie View, Tomball, Cypress, and Daikin Technologies HQ.
    • Adjacent to Georgetown Oaks, proposed Binford Business Park, and the new Waller Town Center.
    • High traffic counts: over 50,000 vehicles daily on US‑290 and over 36,000 on Grand Parkway 99.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Dental Office Hair Salon Accounting Firm Auto Parts Store Bar & Pub Discount Store Auto Repair Shop Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waller
    County
    Harris
    State
    Texas
    Longitude
    -95.901863
    Latitude
    30.051656

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    FAQs

    What type of property is this?
    Farm - Prime Ag Land, High Traffic Area, Development Potential
    Where is this farm located?
    The property is located at 39102 Highway 290 Business Waller, TX.
    What are key features of this property?
    This property features: Outstanding development opportunity in rapidly expanding Waller, Texas.; 1.34-acre lot with ±320 feet of frontage on Highway 290 Business, boasting high visibility and traffic counts (over 50,000 vehicles daily on US-290 and over 36,000 on Grand Parkway 99).; Corner location adjacent to a new development with 53 duplexes (construction started 2020).
    Request Owner's contact information
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    Waller, TX 77484
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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
    39102 Highway 290 Business Waller, TX 77484
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