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Property profile & analytics
OFF-MARKET
Land

0 Us-59 Splendora, TX 77372

213,356 SF 4.89 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.89-acre commercial land parcel presents a remarkable investment opportunity in Splendora, Texas. Boasting 274 feet of prime frontage along heavily trafficked US-59, this property offers unparalleled visibility and accessibility. Its strategic location provides easy access to FM 2090 and I-69 (Hwy 59), ensuring high traffic counts and excellent exposure for any commercial venture. City of Splendora utilities are readily available, simplifying development. The property's proximity to key transportation arteries is a significant advantage, with Hwy 242 just 5 minutes away, offering convenient access to a range of amenities, including entertainment and dining options. Furthermore, the Grand Parkway (Hwy 99) and Valley Ranch Town Center are a short 9-minute drive, while George Bush Intercontinental Airport (IAH) is approximately 22 minutes away. The total square footage is 213,356 square feet, with an asking price of $599,800, resulting in a price per square foot of $2.81. This property is zoned for commercial use and represents a rare opportunity to capitalize on the growth and development in the Splendora area. The property is located in Montgomery County, Texas, with the address listed as US-59, Splendora, TX 77372.

Property profile
Verified
Property type Land
Total area 213,356 SF
Lot 4.89 ac (213,008 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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