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Property profile & analytics
OFF-MARKET
Land

306 Hwy 321 @ County Rd Cleveland, TX 77327

693.05 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 693.05-acre tract presents a unique opportunity for significant development. Located in Liberty County, Texas, near Cleveland and Dayton, this unrestricted land boasts substantial frontage on Highway 321, County Road 2274, and County Road 2278, totaling approximately 10,388 feet of road frontage. The property's strategic location offers easy access to major transportation routes, making it ideal for a variety of commercial and residential projects. Further enhancing its appeal, the land is situated within an Opportunity Zone, providing potential tax advantages for investors. A significant advantage is the presence of an adjacent water tower on the northwest corner, ensuring ample water capacity for any future development. The property is conveniently located less than 10 miles from Cleveland and 15 miles from Dayton, offering proximity to established communities and amenities. Importantly, this land is not located within a floodplain and falls within the Tarkington ISD school district. Priced at $18,000 per acre, this expansive parcel represents a compelling investment opportunity with considerable potential for growth and development. The absence of zoning restrictions allows for maximum flexibility in project planning.

Property profile
Verified
Property type Land
Lot 693.05 ac (30,189,258 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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