59 And Stockton Rd Louise, TX 77455
This exceptional 310.35-acre agricultural property presents a compelling investment opportunity near El Campo, Texas. Strategically located at the intersection of US 59 and Stockton Road (County Road 352) in Wharton County, this land boasts significant road frontage—approximately 2,000 linear feet, or one-third of a mile, along the heavily trafficked US 59. The property's proximity to Houston (less than an hour's drive) positions it to benefit from the ongoing expansion of businesses and manufacturing along the US 59 corridor, soon to be designated Interstate 69. This planned Interstate expansion is expected to further enhance the property's value and desirability. Currently utilized as farmland, the land offers considerable potential for diverse uses. An agricultural exemption is currently in place. The asking price is $9,310,500. The property's size, location, and extensive road frontage make it an attractive investment for long-term growth and potential development. The zip code is 77455.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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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.