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Property profile & analytics
OFF-MARKET
Land

6 & Fm 2988 Navasota, TX 77868

6.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 6.5-acre commercial land parcel presents a unique investment opportunity at the northeast corner of Highway 6 and FM 2988 in Grimes County, Texas. Located approximately five miles south of Navasota, this property boasts a highly desirable hard corner location, providing excellent visibility and accessibility. The asking price is $850,000. The lot is unrestricted, offering flexibility for a wide range of commercial developments. A key advantage is its location outside the floodplain, minimizing risk and simplifying development processes. Furthermore, a median cut on Highway 6 allows for convenient access from both directions of traffic. This strategic location provides quick access to major roadways including Highway 6, State Highway 105, FM 2988, FM 1227, and FM 362, ensuring excellent connectivity and high traffic volume. The property's prime location and versatile zoning make it an ideal site for various commercial ventures, promising significant return on investment. The zip code is 77868. This is a rare opportunity to acquire a substantial commercial land parcel in a rapidly growing area of Texas.

Property profile
Verified
Property type Land
Lot 6.5 ac (283,140 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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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