Property summary
This exceptional commercial land opportunity is located in Cleveland, Texas, within the rapidly expanding Colony Ridge Communities. Priced at $392,040, this property offers a unique investment prospect in a high-growth area. The land is zoned for commercial use and boasts a land value of $9 per square foot. All sites benefit from readily available city water and sewer, three-phase power, and natural gas, making them ideal for immediate development. No detention is required as all drainage is already in place. This location offers unparalleled access, with three direct access points from Highway 99, situated between Highway 59 and I-10. The surrounding community is experiencing phenomenal growth, with over 50,000 residents currently and a projected 250,000 upon completion of the 34,000-acre development. This growth is fueled by the addition of 150-200 new homes each month and the sale of over 250 residential lots weekly. The area is served by the rapidly expanding Cleveland ISD, currently with six schools and a seventh planned for 2025. This property's proximity to four existing schools presents a significant advantage for businesses targeting families. The location is also designated as a No Flood Zone. This is a rare opportunity to establish a business in a thriving, rapidly growing community with excellent infrastructure and accessibility.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight