This exceptional commercial land offering presents a unique investment opportunity in the thriving city of Cleveland, Texas. Spanning 1.84 acres, this property boasts a highly desirable location adjacent to established businesses such as Dollar General, Leo's Beer Barn, and Guerrero's Meat Market, ensuring high visibility and accessibility. The land is zoned for commercial use and offers significant potential for a variety of developments, including retail, restaurants, or mixed-use projects. The site is part of a rapidly growing master-planned community, currently home to over 50,000 residents and projected to reach 250,000 upon completion. This expansive community features existing and planned infrastructure including six schools (with a seventh opening in early 2025), a superior drainage system, and readily available city water, sewer, three-phase power, and natural gas. The area experiences exceptional growth, with 150-200 new homes built monthly and 250 lots sold weekly. Its strategic location between Highways 59 and I-10, with three direct access points from Highway 99, provides unparalleled convenience and connectivity. The asking price is $345,000, translating to $8 per square foot. This represents a compelling opportunity to capitalize on the significant growth and potential of this prime commercial location. Don't miss this chance to secure a piece of this thriving Texas community.
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
Similar Nearby for Lease
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.