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    Highway 6 Hempstead, TX 77445

    For Sale
    $1,300,000

    15 Acres, Hwy 6 Frontage, Investment Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 15.22-acre commercial and industrial land parcel presents a compelling investment opportunity in Hempstead, Texas. Strategically located on Highway 6, the property boasts 526 feet of prime road frontage, ensuring high visibility and accessibility. The land is unrestricted, offering flexibility for a wide range of commercial or industrial developments. Importantly, this property is not located within a flood plain, mitigating potential risk. Included in the sale is a 3,200 square foot building, previously used as a café/bar. All existing improvements, including the former café/bar equipment, are sold "as is." The property is served by the Hempstead Independent School District. This is a rare opportunity to acquire a significant tract of land with existing infrastructure in a desirable location. The asking price for this exceptional property is $1,300,000. Showings are by appointment only. This property is located in Waller County, Texas, with a zip code of 77445. The precise coordinates are 30.1670071 latitude and -96.0662921 longitude.

    Property Features for 0 Highway 6

    General Information

    Property type
    Land
    Lot Size
    662,983 SF

    HighLights

    • Appointment Only.
    • 526 feet of Hwy 6 frontage in Hempstead ISD.
    • Unrestricted use.
    • Not located in a flood plain.
    • 3,200 square foot building with former café/bar equipment included.
    • Building and improvements sold As‑Is.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hempstead
    County
    Waller
    State
    Texas
    Longitude
    -96.0662921
    Latitude
    30.1670071

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    FAQs

    What type of property is this?
    Land - 15 Acres, Hwy 6 Frontage, Investment Opportunity
    Where is this land located?
    The property is located at Highway 6 Hempstead, TX.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: Appointment Only.; 526 feet of Hwy 6 frontage in Hempstead ISD.; Unrestricted use.
    Request Owner's contact information
    Highway 6 Hempstead, TX 77445
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    Hempstead, TX 77445
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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
    Highway 6 Hempstead, TX 77445
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