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    321 Tbd State Hwy Cleveland, TX 77327

    For Sale
    $9,925,000

    Exceptional residential development opportunity. Highway 321 frontage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This expansive 391-acre tract presents a remarkable residential development opportunity in Dayton, Texas. Situated in the desirable Tarkington Independent School District, the property boasts over 3000 feet of frontage along Highway 321, providing excellent visibility and accessibility. Its strategic location between the cities of Cleveland and Dayton offers convenient access to amenities and major transportation routes. The substantial acreage allows for a variety of development possibilities, catering to diverse residential needs. The land's size and highway frontage make it an ideal location for a large-scale residential project, potentially including single-family homes, multi-family units, or a mixed-use development. Detailed surveys and environmental studies would be necessary to fully assess the development potential and to determine the feasibility of specific project plans. The asking price for this exceptional property is $9,925,000. This represents a significant investment opportunity for developers seeking a prime location for a substantial residential project in a growing Texas community. The property's address is listed as TBD State Highway 321, Dayton, TX 77327. Further information and due diligence are encouraged.

    Property Features for 321 Tbd State Hwy

    General Information

    Property type
    Land
    Lot Size
    17,031,960 SF

    HighLights

    • $9,925,000 asking price.
    • 391‑acre land parcel.
    • Located in Dayton, Texas, Liberty County, zip code 77327.
    • Highway 321 frontage exceeding 3000 feet.
    • Situated in Tarkington ISD.
    • Excellent development potential between Cleveland and Dayton.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cleveland
    County
    Liberty
    State
    Texas
    Longitude
    -94.943467683093
    Latitude
    30.189310475268

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    FAQs

    What type of property is this?
    Land - Exceptional residential development opportunity. Highway 321 frontage.
    Where is this land located?
    The property is located at 321 Tbd State Hwy Cleveland, TX.
    What is the asking price?
    The asking price for this property is $9,925,000.
    What are key features of this property?
    This property features: $9,925,000 asking price.; 391-acre land parcel.; Located in Dayton, Texas, Liberty County, zip code 77327.
    Request Owner's contact information
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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 Tbd State Hwy Cleveland, TX 77327
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