39002 Highway 290 Business Waller, TX 77484
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.
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
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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.