16923 Fm 362 Rd Waller, TX 77484
This exceptional 26-acre property presents a unique opportunity for commercial development in Waller County, Texas. Strategically located at the corner of Betka Road and FM 362, this expansive lot offers significant frontage on both roadways, ensuring high visibility and accessibility. The land is currently designated as Ag exempt, providing potential tax advantages. Importantly, the property is not situated within a floodplain, mitigating risk and simplifying development plans. Existing improvements include a home, a barn, and cross fencing, offering potential for immediate use or repurposing. The absence of city utilities and zoning regulations provides flexibility for a wide range of commercial ventures. The Waller Independent School District serves the area. This versatile property is well-suited for a variety of commercial uses, capitalizing on its prime location and substantial acreage. With its convenient access to major roadways and its absence of restrictive zoning, this land represents a compelling investment opportunity for developers seeking a strategic location in a rapidly growing area. The existing structures offer added value and potential for immediate utilization. Detailed surveys and site assessments are recommended to fully explore the development potential of this remarkable property. The address is 16923 FM 362, Waller, TX 77484.
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
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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.