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Property profile

00 Fm 1462 Rd Damon, TX 77430

OFF-MARKET
Land
2.68 ac lot
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Property summary

AI-generated overview

This exceptional 2.679-acre commercial land parcel presents a remarkable investment opportunity in Damon, Texas. Strategically located on FM 1462, this property boasts approximately 320 feet of frontage, placing it midway between Highway 288 and Highway 36, at the intersection of FM 1462 and FM 762. Zoned for Needville ISD, it's conveniently situated approximately six miles from the proposed State Highway 99/Grand Parkway project, making it highly accessible and attractive for various commercial ventures. Ideal for a gas station or retail center, this property is designated as Tract 2 within a larger 67-acre holding. Importantly, it's located in FEMA Flood Zone X, outside the 100-year and 500-year floodplains. The seller owns the surrounding land and is open to selling additional acreage, allowing for potential expansion to meet specific buyer needs. The dimensions and acreage are flexible and can be adjusted to suit the buyer's requirements. This prime location offers significant potential for growth and development. The asking price is $525,138. Buyers are advised to independently verify all measurements, exemptions, restrictions, and other pertinent information. The property is located in Brazoria County, Texas, zip code 77430. This is a unique opportunity to acquire a highly desirable commercial property in a rapidly developing area. Don't miss out; make a proposal today.

Property profile

Verified
Property type Land
Lot 2.68 ac (116,697 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

00 Fm 1462 Rd Damon, TX 77430
Damon metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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