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Property profile & analytics
OFF-MARKET
Land

963 County Rd Cleveland, TX 77327

3.15 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.15-acre commercial land parcel presents a unique investment opportunity in the rapidly expanding Colony Ridge community of Cleveland, Texas. Located in Liberty County, at 963 County Rd 3540, zip code 77327, this property boasts a prime location directly adjacent to a Family Dollar store, experiencing high daily traffic volume averaging 9,000-11,000 vehicles. The lot itself is zoned for commercial use and offers significant potential for various business ventures. Individual lots are 0.45 acres (65 ft wide x 300 ft deep), providing ample space for development. Colony Ridge is experiencing explosive growth, with over 12,280 existing homes and a projected population of 250,000 upon completion of the 34,000-acre development. This rapid expansion is supported by the construction of numerous new homes (150-200 new rooftops monthly and 250+ residential lots sold weekly by three active builders), and the addition of new schools (six currently operating, with a seventh planned for 2025 and a projected total of 25+ upon completion, including a new private trilingual high school opening in 2026). The property benefits from readily available city water and sewer, electricity, and a low 2% tax rate. Its strategic location between Highway 59 and I-10, with three direct access points from Highway 99, ensures excellent accessibility and visibility. The asking price for the entire 3.15-acre parcel is $200,000. This is an unparalleled chance to capitalize on the remarkable growth trajectory of this North Houston area community.

Property profile
Verified
Property type Land
Lot 3.15 ac (137,214 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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