23465 Tx-105 Cleveland, TX 77328
This exceptional 25-acre tract presents a unique investment opportunity in rapidly growing Montgomery County, Texas. Boasting 1,200 feet of frontage along Highway 105 and an additional 515 feet along Lee Turner Road, this property offers unparalleled accessibility and visibility. Its unrestricted nature allows for a wide range of commercial, industrial, or residential development possibilities. Situated conveniently just 10 minutes from Highway 69, it enjoys excellent connectivity to major transportation arteries. The property is located outside all designated flood zones, mitigating risk and enhancing its desirability. Existing on-site utilities, including electricity, simplify development plans. Furthermore, the property benefits from the availability of local incentives, potentially reducing development costs. The location within the Cleveland Independent School District, recognized as the fastest-growing school district in Texas, adds significant long-term value. This prime acreage is ready for immediate development, making it an ideal investment for discerning buyers seeking high-growth potential in a thriving Texas market. The combination of highway frontage, unrestricted zoning, and available utilities makes this a truly exceptional opportunity.
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.