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    39002 Highway 290 Business Waller, TX 77484

    For Sale
    $5,599,000

    30 Acres, Hwy 290 Business, Waller, TX

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 30.19-acre commercial land parcel boasts a highly desirable location on Highway 290 Business in Waller, Texas. Enjoy excellent visibility and accessibility with approximately 700 feet of frontage. The property benefits from its proximity to major thoroughfares like Highway 290 and the Grand Parkway (99), placing it within minutes of downtown Waller, Hempstead, Prairie View, and Cypress. Its strategic location near Daikin Technologies Headquarters and multiple existing and proposed master-planned communities ensures strong growth potential. Furthermore, the land is conveniently situated near the new Waller Town Center and Binford Business Park. This prime location is within Waller's extraterritorial jurisdiction (ETJ), served by Waller ISD, and falls within the preferred FEMA Flood Map Zone X. While city services are available at the street, the property also features an existing septic system and well, though their condition is not guaranteed. The site presents a significant opportunity for mixed-use development, with utilities readily available from the City of Waller. A proposed hard corner at the adjacent west property further enhances its development potential. This rapidly growing area offers strong demographics and employment opportunities, making this a compelling investment prospect.

    Property Features for 39002 Highway 290 Business

    General Information

    Property type
    Land
    Lot Size
    1,315,076 SF

    HighLights

    • 30.19‑acre mixed‑use commercial land parcel.
    • Approximately 700 feet of frontage on Highway 290 Business.
    • City of Waller utilities readily available.
    • Located in Preferred FEMA Flood Zone X.
    • High‑growth area with strong demographics and employment.
    • Existing septic system and well (condition unknown).
    Property Profile 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
    Waller
    State
    Texas
    Longitude
    -95.900374
    Latitude
    30.051204

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    FAQs

    What type of property is this?
    Land - 30 Acres, Hwy 290 Business, Waller, TX
    Where is this land located?
    The property is located at 39002 Highway 290 Business Waller, TX.
    What is the asking price?
    The asking price for this property is $5,599,000.
    What are key features of this property?
    This property features: 30.19-acre mixed-use commercial land parcel.; Approximately 700 feet of frontage on Highway 290 Business.; City of Waller utilities readily available.
    (281) 576-6000
    Request Owner's contact information
    39002 Highway 290 Business Waller, TX 77484
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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
    39002 Highway 290 Business Waller, TX 77484
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