Property profile

288 & Crk 56 Rosharon, TX 77583

OFF-MARKET
Warehouses
2.82 ac lot
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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

Location

288 & Crk 56 Rosharon, TX 77583
Rosharon metro
Google Maps

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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