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    2500 State Highway 288 Angleton, TX 77515

    • Land
    • 12.49 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2500 State Highway 288

    Lot size
    12.49 lot acres
    Property type
    Land

    Description

    This exceptional ±12.49-acre parcel of vacant land presents a remarkable investment opportunity in Angleton, Texas. Strategically located at the southeast corner of Highway 288 and FM 523, this property boasts unparalleled accessibility and visibility. The land is ready for development, offering significant potential for a variety of uses. City utilities are readily available, simplifying infrastructure needs. Furthermore, the property benefits from access to regional detention facilities and convenient access from West Henderson Road. Situated in Brazoria County, this location offers a blend of rural tranquility and proximity to urban amenities. The expansive acreage provides ample space for large-scale projects, while the prime location ensures high visibility and easy access for potential tenants or customers. This is a rare opportunity to acquire a substantial land holding in a rapidly growing area. Detailed information and pricing are available upon request. The property's address is 2500 N. Hwy 288, Angleton, TX 77515. The latitude and longitude coordinates are 29.1939257, -95.4516134 respectively.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Angleton
    County
    Brazoria
    State
    Texas
    Longitude
    -95.4516
    Latitude
    29.1939

    Comparable in this City

    • Value Estimation by Request

      1038 Velasco St

      Land
      1038 Velasco St, Angleton, TX 77515
      View Details
    • Value Estimation by Request
      4.40 Acres

      2005 Highway 288B

      Land • 4.40 Acres
      2005 Highway 288B, Angleton, TX 77515
      View Details
    • Value Estimation by Request
      39.78 Acres

      1101 Mulberry St

      Land • 39.78 Acres
      1101 Mulberry St, Angleton, TX 77515
      View Details
    • Value Estimation by Request
      6.23 Acres

      Henderson/Cr 341

      Land • 6.23 Acres
      0 Henderson/Cr 341, Angleton, TX 77515
      View Details
    • Value Estimation by Request
      8.64 Acres

      40290 State Hwy

      Land • 8.64 Acres
      40290 State Hwy, Angleton, TX 77515
      View Details
    • Value Estimation by Request

      Shanks Rd

      Land
      0 Shanks Rd, Angleton, TX 77515
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,732,947 SF

      Angleton Land Near Highway 288

      39.78 acre surveyed land parcel in Angleton, Texas.
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      Unrestricted Land Parcel in Angleton

      12-acre unrestricted land parcel in Angleton, Texas.
      212 County Rd, Angleton, TX 77515
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      Wooded Acres Near Angleton

      5+/- acres of wooded land, convenient to Angleton.
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      69.30 Acres

      Angleton Commercial Land - 69 Acres

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      Land for Sale in Angleton

      Land within Angleton city limits, city utilities, no floodplain.
      2213 Shanks Rd, Angleton, TX 77515
      View Details
    • $399,400
      26.65 Acres

      26 Acres of Wooded Land

      Unrestricted 26-acre wooded land parcel with wildlife exemption near schools.
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    Similar Nearby for Lease

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      29,953 SF

      Angleton Commercial Land For Lease

      Prime 29,953 SF Commercial Lot
      1038 Velasco St, Angleton, TX 77515
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    • Contact for pricing
      1,472 SF

      Turnkey Bar/Restaurant Opportunity

      Ready-to-lease bar with open floor plan and built-in counters.
      108 N Velasco St, Angleton, TX 77515
      View Details
    • $16 SF/Yr
      4,004 SF

      Angleton Retail Space Available

      Retail space available for lease in Angleton, Texas.
      1800-1814 North Velasco St, Angleton, TX 77515
      View Details
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    2500 State Highway 288
    Angleton, TX 77515
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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