51361 Us-290 Hempstead, TX 77445
- Land
Current Use by Public Records
- Land
Property Details for 51361 Us-290
- Property type
- Land
Description
This exceptional 30.63-acre commercial land parcel in Hempstead, Texas, presents a compelling investment opportunity. Strategically located on US 290 with 82 feet of road frontage, this property boasts convenient access to major transportation routes. Its prime location is within a three-mile radius of significant developments, including the new RCR Hempstead Rail Logistics Park, the new $30 million Mustang Cat headquarters, and the planned H-E-B distribution campus on over 500 acres in Waller County. The property features a pond for natural drainage, a water well, and septic system. Currently, there are no rollback taxes for commercial use, and the property is not located in a floodplain. An agricultural exemption is pending. Existing nearby businesses include a motel, gas station, and convenience store, suggesting a thriving commercial environment. This versatile land is ideal for various uses, including industrial, manufacturing, or multi-family housing developments. The potential for significant return on investment is undeniable, making this a must-see property for discerning investors. The asking price is $2,100,000. The property's address is 51361 US-290, Hempstead, TX 77445.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hempstead
- County
- Waller
- State
- Texas
- Longitude
- -96.0922
- Latitude
- 30.1147
