22731 Farm To Market 2920 Hockley, TX 77447
This exceptional investment opportunity presents approximately 23 acres of land strategically located in Hockley, Texas, at the intersection of FM 2920 and Bauer Road in Harris County. The property is comprised of three separately sellable tracts: a 12-acre tract directly on FM 2920, an 8-acre tract with FM 2920 access, and a 3-acre tract on Bauer Road. The land boasts approximately 1400 feet of frontage on FM 2920, offering significant visibility and accessibility. Conveniently located approximately 3.8 miles from Hwy 290 via Bauer Road and about 4.7 miles from SH 99/Grand Parkway, this property benefits from excellent connectivity to major transportation arteries. Full utilities are anticipated through Quadvest, though independent verification is recommended. The property is situated in a rapidly growing area, evidenced by the recent sale of an adjacent 20-acre parcel to a multifamily developer. Required detention can be accommodated within a future Harris County Flood Control District (HCFCD) easement adjacent to the property. The land is zoned for commercial and industrial uses and is located within the Waller Independent School District. Owner financing is available, making this an attractive opportunity for investors seeking a strong return in a high-growth market. The land is priced at $5.85 per square foot.
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.