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    27201 Midline Rd Splendora, TX 77327

    For Sale
    $499,800

    4.45 Acres, High Visibility, Texas

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 4.45-acre commercial land parcel presents a remarkable investment opportunity. Strategically located on Highway 59 in Splendora, Texas (with a Cleveland mailing address and 77327 zip code), this unrestricted property boasts excellent visibility and accessibility. The land is zoned for commercial, industrial, and shopping center uses, offering diverse development potential. Priced at $499,800 ($2.57/sq ft), this property provides easy access to I-69 (Highway 59), placing it within a 25-minute commute of downtown Houston and George Bush Intercontinental Airport (IAH). Highway 242 is conveniently located 7.1 miles away, while the Grand Parkway (Highway 99) and Valley Ranch Town Center are approximately 12 miles from the site. The property's location within an Opportunity Zone further enhances its investment appeal. The APN is 6060-00-02300. This prime location and flexible zoning make this an ideal site for a variety of commercial ventures. Don't miss this chance to acquire a highly visible and strategically positioned property in a rapidly growing area.

    Property Features for 27201 Midline Rd

    General Information

    Property type
    Lifestyle centers
    Lot Size
    193,842 SF

    HighLights

    • 4.45‑acre commercial land parcel in Splendora, TX (Cleveland mailing address, 77327 zip code).
    • Excellent visibility and accessibility on Highway 59.
    • Zoned for commercial, industrial, and shopping center uses.
    • Priced at $499,800 ($2.57/sq ft), offering easy access to I‑69 and a short commute to downtown Houston and IAH.
    • Located in an Opportunity Zone.
    • APN: 6060‑00‑02300.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Auto Repair Shop Grocery Store Department Store Cafe & Coffee Shop Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Splendora
    County
    Montgomery
    State
    Texas
    Longitude
    -95.138588110551
    Latitude
    30.267776567131

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    FAQs

    What type of property is this?
    Lifestyle center - 4.45 Acres, High Visibility, Texas
    Where is this lifestyle center located?
    The property is located at 27201 Midline Rd Splendora, TX.
    What is the asking price?
    The asking price for this property is $499,800.
    What are key features of this property?
    This property features: 4.45-acre commercial land parcel in Splendora, TX (Cleveland mailing address, 77327 zip code).; Excellent visibility and accessibility on Highway 59.; Zoned for commercial, industrial, and shopping center uses.
    Request Owner's contact information
    27201 Midline Rd Splendora, TX 77327
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    Splendora, TX 77327
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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
    27201 Midline Rd Splendora, TX 77327
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