0 Binford Rd Waller, TX 77484
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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