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Property profile & analytics
OFF-MARKET
Land

0 Binford Rd Waller, TX 77484

40 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 40-acre industrial land parcel presents a remarkable investment opportunity in Waller, Texas, situated in Harris County's rapidly expanding Northwest Corridor. Boasting an unrestricted zoning designation, this property offers unparalleled flexibility for a diverse range of development projects, including industrial or multifamily uses. Strategically located at the hard corner of Binford Road and Waller Spring Creek Road, the site provides nearly 1,300 feet of combined road frontage, ensuring excellent visibility and accessibility. City of Waller utilities are conveniently located nearby. Currently benefiting from an agricultural tax exemption due to its use for cattle grazing, the property includes existing improvements such as an approximately 80' x 100' hay barn, a pond for livestock, and fencing on three sides. The asking price is $6,000,000, translating to $150,000 per acre. This represents a compelling value proposition in a high-growth area with significant future potential. The property's size, location, and zoning make it an exceptional choice for investors seeking a prime development site in the Houston metropolitan area. The zip code is 77484.

Property profile
Verified
Property type Land
Lot 40 ac (1,742,400 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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