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Property profile & analytics
OFF-MARKET
Land

16923 Fm 362 Rd Waller, TX 77484

26 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 26 ac (1,132,560 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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