0 Highway 6 Hempstead, TX 77445
This exceptional 15.22-acre commercial and industrial land parcel presents a compelling investment opportunity in Hempstead, Texas. Strategically located on Highway 6, the property boasts 526 feet of prime road frontage, ensuring high visibility and accessibility. The land is unrestricted, offering flexibility for a wide range of commercial or industrial developments. Importantly, this property is not located within a flood plain, mitigating potential risk. Included in the sale is a 3,200 square foot building, previously used as a café/bar. All existing improvements, including the former café/bar equipment, are sold "as is." The property is served by the Hempstead Independent School District. This is a rare opportunity to acquire a significant tract of land with existing infrastructure in a desirable location. The asking price for this exceptional property is $1,300,000. Showings are by appointment only. This property is located in Waller County, Texas, with a zip code of 77445. The precise coordinates are 30.1670071 latitude and -96.0662921 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.