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Property profile & analytics
OFF-MARKET
Land

39002 Highway 290 Business Waller, TX 77484

30.19 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 30.19-acre commercial land parcel boasts a highly desirable location on Highway 290 Business in Waller, Texas. Enjoy excellent visibility and accessibility with approximately 700 feet of frontage. The property benefits from its proximity to major thoroughfares like Highway 290 and the Grand Parkway (99), placing it within minutes of downtown Waller, Hempstead, Prairie View, and Cypress. Its strategic location near Daikin Technologies Headquarters and multiple existing and proposed master-planned communities ensures strong growth potential. Furthermore, the land is conveniently situated near the new Waller Town Center and Binford Business Park. This prime location is within Waller's extraterritorial jurisdiction (ETJ), served by Waller ISD, and falls within the preferred FEMA Flood Map Zone X. While city services are available at the street, the property also features an existing septic system and well, though their condition is not guaranteed. The site presents a significant opportunity for mixed-use development, with utilities readily available from the City of Waller. A proposed hard corner at the adjacent west property further enhances its development potential. This rapidly growing area offers strong demographics and employment opportunities, making this a compelling investment prospect.

Property profile
Verified
Property type Land
Lot 30.19 ac (1,315,076 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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