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    I-45 @ Shepherd Hl Rd Willis, TX 77318

    Sponsored
    For Sale
    $1,132,560

    10 Acres, I-45 Frontage, Raw Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10-acre commercial and industrial land parcel presents a remarkable investment opportunity in Willis, Texas. Strategically located at the intersection of Interstate 45 and Shepherd Hill Road, this property boasts 510 feet of high-visibility frontage along I-45, ensuring maximum exposure for any development. The land is classified as raw land, providing a blank canvas for a wide range of commercial or industrial projects. Situated within the Willis extraterritorial jurisdiction (ETJ), this location offers potential advantages in terms of zoning and development regulations. Importantly, a recent survey is available for review, providing detailed information on the property's boundaries and topography. The property's location outside of the floodplain minimizes environmental risk and simplifies development processes. This prime location offers unparalleled access to major transportation arteries, making it ideal for businesses requiring convenient access to regional and national markets. The asking price for this exceptional property is $1,132,560. This represents a significant opportunity for investors seeking high-visibility land in a rapidly growing area of Montgomery County, Texas. The zip code is 77318.

    Property Features for I-45 @ Shepherd Hl Rd

    General Information

    Property type
    Land

    HighLights

    • $1,132,560 asking price.
    • 10‑acre commercial/industrial land parcel.
    • High‑visibility I‑45 frontage (510 feet).
    • Located in Willis, TX ETJ (Extra Territorial Jurisdiction).
    • Not in a floodplain.
    • Recent survey available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Willis
    County
    Montgomery
    State
    Texas
    Longitude
    -95.4966378
    Latitude
    30.4781344

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    FAQs

    What type of property is this?
    Land - 10 Acres, I-45 Frontage, Raw Land
    Where is this land located?
    The property is located at I-45 @ Shepherd Hl Rd Willis, TX.
    What is the asking price?
    The asking price for this property is $1,132,560.
    What are key features of this property?
    This property features: $1,132,560 asking price.; 10-acre commercial/industrial land parcel.; High-visibility I-45 frontage (510 feet).
    Request Owner's contact information
    I-45 @ Shepherd Hl Rd Willis, TX 77318
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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
    I-45 @ Shepherd Hl Rd Willis, TX 77318
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