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    12794 Us-59 Splendora, TX 77372

    For Sale
    $785,000

    4.12 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 4.12-acre commercial land parcel presents a prime investment opportunity in Splendora, Texas. Strategically located on heavily trafficked US Highway 59 (I-69), this site boasts excellent visibility and frontage, making it ideal for retail or office development. The property enjoys convenient access to the Hwy 59 southbound on-ramp, ensuring easy ingress and egress for customers and employees. Its advantageous position near the Mustang Cat Equipment Rental Center and adjacent to American Mini Storage provides added benefits of established businesses in the vicinity. The City of Splendora provides readily available water and sewer services. Furthermore, the property benefits from its proximity to major transportation arteries, including Highway 242 (5 minutes south) and Highway 99 (Grand Parkway, 9 minutes south). Commuting to Houston and George Bush Intercontinental Airport (IAH) is also convenient, situated just 34 minutes south. This high-growth area offers significant potential for businesses seeking to capitalize on the expanding market. The property's APN numbers are 00800-00-00200 and 6060-00-04500. The asking price is $785,000. This is a rare opportunity to acquire a highly desirable commercial site in a thriving location.

    Property Features for 12794 Us-59

    General Information

    Property type
    Land
    Lot Size
    179,467 SF

    HighLights

    • 4.12‑acre commercial land parcel in Splendora, TX, priced at $785,000.
    • Excellent visibility and frontage on heavily trafficked US Highway 59 (I‑69).
    • Convenient access to Hwy 59 southbound on‑ramp.
    • Located near established businesses and major transportation arteries, including Hwy 242 and Hwy 99 (Grand Parkway), with easy access to Houston and IAH.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Splendora
    County
    Montgomery
    State
    Texas
    Longitude
    -95.146436536236
    Latitude
    30.258469196016

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    FAQs

    What type of property is this?
    Land - 4.12 Acres, High-Traffic Location
    Where is this land located?
    The property is located at 12794 Us-59 Splendora, TX.
    What is the asking price?
    The asking price for this property is $785,000.
    What are key features of this property?
    This property features: 4.12-acre commercial land parcel in Splendora, TX, priced at $785,000.; Excellent visibility and frontage on heavily trafficked US Highway 59 (I-69).; Convenient access to Hwy 59 southbound on-ramp.
    Request Owner's contact information
    12794 Us-59 Splendora, TX 77372
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    Splendora, TX 77372
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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
    12794 Us-59 Splendora, TX 77372
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