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    OFF-MARKET
    Warehouses

    288 & Crk 56, Rosharon, TX 77583

    2.82 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.82-acre commercial land parcel presents a unique investment opportunity in Rosharon, Texas. Strategically located at the southwest corner of Highway 288 and County Road 56, this property benefits from its position at the intersection of two master-planned communities with over 11,600 homes planned or currently under construction. Further enhancing its desirability, the site is approximately three miles north of a new 954-acre master-planned community projected to encompass around 2,100 homes upon completion (Phase I anticipated late 2024). The ongoing conversion of Highway 288 into a toll road with expanded lanes promises improved commuting access. This location will be anchored by a CVS Pharmacy and a newly constructed retail center, providing significant synergy and increased foot traffic. Situated within the Alvin Independent School District, Brazoria County Municipal Utility District 32, and the Iowa Colony extraterritorial jurisdiction/Brazoria County, this property offers a stable and desirable location. The 2022 property tax rate was 2.14%. Importantly, this land is not located within a flood plain. The asking price for this exceptional commercial land is $2,395,364. This property is ideal for investors seeking high-growth potential in a rapidly developing area.

    Property profile
    Verified
    Property type Warehouses
    Lot 2.82 ac (122,839 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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