0 Crosby Lynchburg Rd Highlands, TX 77562
This exceptional 10.166-acre commercial land parcel presents a unique investment opportunity in Highlands, Texas. Located in Harris County, with a 77562 zip code, this unrestricted property boasts 308 feet of commercial frontage on Crosby Lynchburg Rd, offering unparalleled visibility and accessibility. The property's zoning allows for a wide range of commercial developments, making it ideal for a variety of uses, including a commercial center, grocery store, apartment complex, or neighborhood retail. The seller is open to subdividing the land to accommodate specific development plans. All utilities are readily available, eliminating infrastructure concerns. Importantly, this property is not situated within the 100-year flood zone, mitigating risk. Easements are in place for driveways between this property and the adjacent site, ensuring convenient access and circulation. Adding to its value, a fenced-in 2-acre area at the rear of the property is included in the sale. This expansive lot presents a rare chance to acquire a significant commercial tract in a thriving Texas community. The asking price is $2,450,000.
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
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.