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Property profile & analytics
OFF-MARKET
Land

138 County Rd Cleveland, TX 77327

1 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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