000 Us-290 Waller, TX 77484
Exceptional 174-acre commercial land opportunity in Waller County, Texas, strategically located on US Highway 290 and Old Hempstead Highway (Business 290). This prime property boasts over 3,600 linear feet of frontage on Highway 290 and an additional 1,500 linear feet on Business 290/Hempstead Road, ensuring exceptional visibility and accessibility. Its proximity to the Grand Parkway (99) and FM 2920/Waller-Tomball Highway provides convenient access to major transportation arteries. The area is experiencing rapid growth, supported by a strong local workforce and the presence of existing and planned master-planned communities. The site is situated within minutes of Waller Town Center and benefits from the existing residential and retail development in the immediate vicinity. This versatile property is ideal for a variety of commercial uses, including industrial or business warehouse development. Utilities are provided by the City of Waller. The property is zoned "A" and "X" and lies within the 100-year floodplain, according to the most recent survey. Offered at $19,800,000. This is a rare opportunity to acquire a significant land parcel in a rapidly expanding market. Don't miss out on this exceptional 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.