24815 Farm To Market 2920 Hockley, TX 77447
This exceptional 6-acre commercial property in Hockley, Texas, presents a lucrative investment opportunity. Located on FM 2920 between Ibis and Pipit Roads, this unrestricted land boasts excellent 383-foot frontage. Currently divided into six lots (8, 8A, 8B, 7, 7C, 7D in Adams Plaza), the property offers flexibility for individual development or a single large-scale project. The property enjoys existing infrastructure, including access to electricity, water, and sewer. A survey is available. Currently generating $3,000 per month in rental income from two month-to-month tenants, this property offers immediate return on investment. Its strategic location provides easy access to Highway 290 and Grand Parkway, placing it in a high-growth area. The land is cleared and ready for development. Legal descriptions for individual lots are available upon request. This is a rare opportunity to acquire a substantial commercial parcel in a rapidly developing area. Don't miss out on this prime investment.
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
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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.