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    Us-59 Splendora, TX 77372

    For Sale
    $599,800

    4.89 Acres, High Visibility, Texas

    Property size:
    213,356 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 4.89-acre commercial land parcel presents a remarkable investment opportunity in Splendora, Texas. Boasting 274 feet of prime frontage along heavily trafficked US-59, this property offers unparalleled visibility and accessibility. Its strategic location provides easy access to FM 2090 and I-69 (Hwy 59), ensuring high traffic counts and excellent exposure for any commercial venture. City of Splendora utilities are readily available, simplifying development. The property's proximity to key transportation arteries is a significant advantage, with Hwy 242 just 5 minutes away, offering convenient access to a range of amenities, including entertainment and dining options. Furthermore, the Grand Parkway (Hwy 99) and Valley Ranch Town Center are a short 9-minute drive, while George Bush Intercontinental Airport (IAH) is approximately 22 minutes away. The total square footage is 213,356 square feet, with an asking price of $599,800, resulting in a price per square foot of $2.81. This property is zoned for commercial use and represents a rare opportunity to capitalize on the growth and development in the Splendora area. The property is located in Montgomery County, Texas, with the address listed as US-59, Splendora, TX 77372.

    Property Features for 0 Us-59

    General Information

    Property type
    Multifamily properties
    Square Feet
    213,356 SF
    Lot Size
    213,008 SF

    HighLights

    • $599,800 asking price.
    • Multifamily land investment opportunity.
    • 213,356 square feet total, at $2.81 per square foot.
    • 4.89‑acre lot.
    • 274 feet of US‑59 highway frontage with excellent freeway exposure.
    • Convenient access to FM 2090 and I‑69 (Hwy 59).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Splendora
    County
    Montgomery
    State
    Texas
    Longitude
    -95.1578116
    Latitude
    30.2435629

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    FAQs

    What type of property is this?
    Multifamily property - 4.89 Acres, High Visibility, Texas
    Where is this multifamily property located?
    The property is located at Us-59 Splendora, TX.
    What is the asking price?
    The asking price for this property is $599,800.
    What are key features of this property?
    This property features: $599,800 asking price.; Multifamily land investment opportunity.; 213,356 square feet total, at $2.81 per square foot.
    Request Owner's contact information
    Us-59 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
    Us-59 Splendora, TX 77372
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