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    Community Dr Cleveland, TX 77327

    For Sale
    Contact for pricing

    Prime location, flexible development, rapid growth

    Property size:
    43,560 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 170-acre industrial site in Cleveland, Texas, presents a unique investment opportunity. Located near the 99 Grand Parkway, it offers easy access to Central Houston (40 minutes) and the Ship Channel (45 minutes), making it ideal for distribution, manufacturing, or warehousing. The property boasts 43,560 to 7,405,200 square feet of potential development space and is currently vacant. Situated in Liberty County, with a zip code of 77327, this site benefits from a low 2% tax rate and is designated as an Opportunity Zone. Existing infrastructure includes 3-phase power, city water, and sewer, eliminating detention requirements and streamlining the development process. The rapidly growing community, currently at 50,000 residents and projected to exceed 250,000, features six existing schools with a seventh opening in 2026, ensuring a strong local workforce. The site is conveniently located near major retailers and offers flexible development options, including the possibility of subdivision and the construction of access roads. This property is for sale by owner.

    Property Features for 0 Community Dr

    General Information

    Property type
    Distribution properties
    Square Feet
    43,560 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Map

    City
    Cleveland
    County
    Liberty
    State
    Texas
    Longitude
    -95.049428
    Latitude
    30.135354

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    FAQs

    What type of property is this?
    Distribution property - Prime location, flexible development, rapid growth
    Where is this distribution property located?
    The property is located at Community Dr Cleveland, TX.
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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
    Community Dr Cleveland, TX 77327
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