138 County Rd Cleveland, TX 77327
This exceptional commercial land offering presents 1 to 21.26 acres of prime development space in Cleveland, Texas, zoned for commercial use. Located near six schools and the Colony Ridge Retail Centers (including Family Dollar/Dollar Tree, AutoZone, and a skating rink), this high-traffic area ensures excellent visibility and customer flow. The property boasts readily available infrastructure, including three-phase power, natural gas, city water, and sewer. Importantly, no detention is required, simplifying the development process. This thriving community is experiencing rapid growth, with over 50,000 current residents and projected growth to 250,000 upon completion, supported by the addition of more schools. The strategic location between Highway 59 and I-10, with three direct access points from Highway 99, provides unparalleled convenience and accessibility. The land is priced at $392,040, with a land value of $9 per square foot. This presents a unique opportunity to establish a successful commercial venture in a rapidly expanding community. The site is ideal for a variety of commercial uses, from shopping centers to entertainment venues or service hubs.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.