Technical
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Property profile

Cleveland, TX 77327

OFF-MARKET
Land
1 ac lot
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Property summary

AI-generated overview

Invest in prime commercial land in Cleveland, Texas, situated on a hard corner with excellent visibility and accessibility. These lots, ranging from 1 to 12 acres, are zoned for commercial use and offer a unique opportunity to capitalize on the explosive growth of this rapidly expanding area. Located near the intersection of major roadways with a daily traffic count of 10,000 to 14,000 vehicles, these sites boast high visibility and convenient access for businesses. The land is serviced by city water and sewer, and three-phase power and natural gas are readily available. Development is simplified by the absence of detention requirements. This thriving community currently houses over 50,000 residents and 12,280 homes, with 150-200 new homes added monthly and 250 lots sold weekly. The area is served by six existing schools, with a seventh opening in 2025 and plans for 25+ schools upon build-out. This location benefits from MMD regulations, limiting future competition. Hard corner lots are priced at $15 per square foot, offering an exceptional return on investment in one of Texas' fastest-growing communities. Don't miss this chance to establish your business in a dynamic and expanding market. Contact us to learn more about lot sizes and availability.

Property profile

Verified
Property type Land
Lot 1 ac (43,560 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Cleveland, TX 77327
Cleveland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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