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    306 Hwy 321 @ County Rd Cleveland, TX 77327

    For Sale
    Contact for pricing

    693 Acres, Unrestricted, Opportunity Zone

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 693.05-acre tract presents a unique opportunity for significant development. Located in Liberty County, Texas, near Cleveland and Dayton, this unrestricted land boasts substantial frontage on Highway 321, County Road 2274, and County Road 2278, totaling approximately 10,388 feet of road frontage. The property's strategic location offers easy access to major transportation routes, making it ideal for a variety of commercial and residential projects. Further enhancing its appeal, the land is situated within an Opportunity Zone, providing potential tax advantages for investors. A significant advantage is the presence of an adjacent water tower on the northwest corner, ensuring ample water capacity for any future development. The property is conveniently located less than 10 miles from Cleveland and 15 miles from Dayton, offering proximity to established communities and amenities. Importantly, this land is not located within a floodplain and falls within the Tarkington ISD school district. Priced at $18,000 per acre, this expansive parcel represents a compelling investment opportunity with considerable potential for growth and development. The absence of zoning restrictions allows for maximum flexibility in project planning.

    Property Features for 306 Hwy 321 @ County Rd

    General Information

    Property type
    Land
    Lot Size
    30,189,258 SF

    HighLights

    • 3,093± ft Hwy 321 frontage.
    • 4,747± ft CR 2274 frontage.
    • 2,548± ft CR 2278 frontage.
    • Adjacent water tower.
    • Corner lot with ample water capacity.
    • Less than 10 miles from Cleveland, 15 miles from Dayton.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cleveland
    County
    Liberty
    State
    Texas
    Longitude
    -94.9736206
    Latitude
    30.2717683

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    FAQs

    What type of property is this?
    Land - 693 Acres, Unrestricted, Opportunity Zone
    Where is this land located?
    The property is located at 306 Hwy 321 @ County Rd Cleveland, TX.
    What are key features of this property?
    This property features: 3,093± ft Hwy 321 frontage.; 4,747± ft CR 2274 frontage.; 2,548± ft CR 2278 frontage.
    (281) 664-6661
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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
    306 Hwy 321 @ County Rd Cleveland, TX 77327
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