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    4683 County Road 450 Navasota, TX 77868

    For Sale
    $765,500

    Prime 7-acre tract, high traffic, development potential.

    Property size:
    304,920 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 7-acre commercial land parcel presents a compelling investment or development opportunity in the rapidly growing Navasota, Texas area. Located on Highway 6, also known as the Bio-Medical Corridor (per the Central East Texas Alliance), this property boasts 296 feet of frontage on Highway 6 and 857 feet on County Road 450. The high-traffic location sees over 19,000 vehicles daily on Highway 6, providing excellent visibility and accessibility. The property is only two miles from Highway 105, which experiences over 9,000 vehicles per day, further enhancing its strategic position. This fee-simple ownership opportunity encompasses a total of 304,920 square feet, priced at $2.51 per square foot, for an asking price of $765,500. Situated in Grimes County and within the Navasota ISD, the property benefits from a thriving local economy and ongoing development initiatives. The area's economic development group actively attracts biomedical companies, promising continued growth and potential for significant return on investment. The 2018 total tax rate was $1.95 per $100 of assessed value. This prime location offers unparalleled potential for a variety of commercial, industrial, or residential uses.

    Property Features for 4683 County Road 450

    General Information

    Property type
    Land
    Square Feet
    304,920 SF
    Lot Size
    304,920 SF

    HighLights

    • Outstanding investment/development opportunity in rapidly expanding Navasota, TX.
    • Excellent visibility and accessibility on Highway 6 (Bio‑Medical Corridor), with over 19,000 vehicles daily.
    • Prime location, minutes from downtown Navasota and major highways (including Highway 105 with over 9,000 vehicles daily).
    • 7‑acre parcel (304,920 sq ft) with 296' of Highway 6 frontage and 857' on County Road 450.
    • Located in Grimes County, Navasota ISD, benefiting from area economic development initiatives.
    • 2018 tax rate: $1.95 per $100 of assessed value.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Wholesale Shop Hotel & Motel Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Navasota
    County
    Grimes
    State
    Texas
    Longitude
    -96.0495688
    Latitude
    30.3469055

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    FAQs

    What type of property is this?
    Land - Prime 7-acre tract, high traffic, development potential.
    Where is this land located?
    The property is located at 4683 County Road 450 Navasota, TX.
    What is the asking price?
    The asking price for this property is $765,500.
    What are key features of this property?
    This property features: Outstanding investment/development opportunity in rapidly expanding Navasota, TX.; Excellent visibility and accessibility on Highway 6 (Bio-Medical Corridor), with over 19,000 vehicles daily.; Prime location, minutes from downtown Navasota and major highways (including Highway 105 with over 9,000 vehicles daily).
    Request Owner's contact information
    4683 County Road 450 Navasota, TX 77868
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    Navasota, TX 77868
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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
    4683 County Road 450 Navasota, TX 77868
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