Property profile

27286 Midline Rd Splendora, TX 77327

OFF-MARKET
Warehouses
269,636 SF 6.19 ac lot
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Property summary

AI-generated overview

This exceptional 6.19-acre commercial property boasts an unbeatable location at the intersection of Highway 59 and Midline Road in Cleveland, Texas. Zoned for unrestricted use, this land presents a diverse range of development opportunities, including apartment buildings, RV parks, and warehouses. The property offers 269,636 square feet of space with a land value of $2.92 per square foot, and is priced at $789,800. Its prime location provides excellent visibility and accessibility from Highway 59, a major thoroughfare. The property is conveniently situated in Liberty/Montgomery County, offering easy access to Interstate 69 (Highway 59), Highway 242 (7.1 miles away), and the Grand Parkway (Highway 99) and Valley Ranch Town Center (12 miles away). Commuting to downtown Houston and George Bush Intercontinental Airport is a breeze, with a travel time of approximately 25 minutes. This property represents a unique investment opportunity in a rapidly growing area. The APN is 6060-00-02100. The address is 27286 Midline Rd, Cleveland, TX 77327.

Property profile

Verified
Property type Warehouses
Total area 269,636 SF
Lot 6.19 ac (269,636 SF)

Cap rate & NOI

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

Location

27286 Midline Rd Splendora, TX 77327
Splendora metro
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Value estimations

Realmo proprietary · 4 methods
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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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