0 Crosby Cedar Bayou Rd, Baytown, TX 77521
This exceptional 17.5-acre commercial land parcel presents a unique investment opportunity in Baytown, Texas. Strategically located near the intersection of I-10 and Crosby-Cedar Bayou Road, this property boasts convenient access to major transportation arteries. The site is fully serviced with available utilities, simplifying development plans. The land is part of a Baytown Planned Unit Development (PUD), and PUD documents are available upon request. Off-site detention is already provided, eliminating a significant hurdle in the development process. The property's current tax rate is a base rate of 2.79%, plus a 0.59% PID assessment, totaling $3.08 million for the entire property, which is payable at any time. The property falls within the Goose Creek Independent School District. Any development undertaken must adhere to established architectural guidelines, details of which can be obtained upon request. This prime location and comprehensive infrastructure make this an ideal site for a variety of commercial developments. The coordinates for the property are approximately 29.801769, -94.959859. This is a remarkable opportunity to acquire a substantial tract of land in a rapidly growing area.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.