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Property profile & analytics
OFF-MARKET
Land

290 Business & Fm-359 Hempstead, TX 77445

12.28 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 12.28-acre commercial and industrial land parcel presents a compelling investment opportunity in Hempstead, Texas. Strategically located at the northeast corner of US 290 Business and FM 359, this property boasts unparalleled visibility and accessibility. The site benefits from high traffic counts on both major roadways, ensuring significant exposure for any development. Its proximity to the new HEB Distribution site further enhances its value and potential. Convenient access to key transportation arteries, including US Highway 290, Highway 159, FM 359, FM 362, and FM 1887, facilitates seamless logistics and connectivity. The property's location west of Johnson Development's new Jubilee master-planned community suggests strong future growth and development in the area. This prime location offers a rare chance to capitalize on the burgeoning commercial and industrial landscape of Hempstead, Waller County, Texas, 77445. The asking price is $1,340,000. This is an ideal site for a variety of commercial or industrial uses.

Property profile
Verified
Property type Land
Lot 12.28 ac (534,917 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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