0 Us 290 Waller, TX 77484
This exceptional ±46.981-acre commercial land parcel presents a unique investment opportunity in Waller County, Texas. Boasting over 1400 feet of frontage on US Highway 290, this strategically located site offers unparalleled visibility and accessibility. Situated outside the 500-year floodplain at nearly 300 feet above sea level, the property provides a secure and stable foundation for development. The site benefits from the proximity of utilities and is ideally positioned adjacent to Beacon Hill, a 294-acre master-planned business park with deed restrictions. A new exit ramp and frontage road are projected for completion in the fourth quarter of 2024, further enhancing accessibility and visibility. Located 40 miles northwest of Houston, this property falls within the Waller County Economic Development Partnership's economic development zone, making it eligible for potential tax incentives. The area is home to major employers such as Daikin, Igloo, Amazon, Goya, and Medline, creating a robust and growing market. This prime location and significant acreage make this an exceptional opportunity for commercial development.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.