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Property profile & analytics
OFF-MARKET
Land

1922 County Rd Cleveland, TX 77327

1 ac lot
Property ID
Property summary
AI-generated overview

Exceptional commercial land opportunity in rapidly growing Cleveland, Texas. These lots, ranging from 1 to 1.72 acres, are ideally situated next to a Dollar General Market, a grocery store, three quick-service restaurants, and Cottonwood Elementary School. The property benefits from readily available city water and sewer, three-phase power, and natural gas. No detention is required due to the community's well-planned drainage system. This location is designated as a no-flood zone and falls within an Opportunity Zone, offering significant financial advantages. The surrounding Colony Ridge Communities boast over 50,000 residents across 34,000 acres, with projected growth to 250,000 residents upon completion. The area is experiencing explosive growth, with 150-200 new homes built monthly and over 250 residential lots sold weekly. Six schools currently serve the community, with a seventh scheduled to open in early 2025. The strategic location offers three direct access points from Highway 99, providing convenient access between Highway 59 and Interstate 10. This presents a unique chance to establish a business in a thriving, high-growth community with excellent infrastructure and strong demographics. The land is priced at $9 to $11 per square foot. The flexible lot sizes allow for subdivision, enabling customization to meet specific business needs.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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