10978 Fm 1774 Todd Mission, TX 77363
This exceptional 5.7-acre land parcel presents a unique investment opportunity in Grimes County, Texas. Ideally situated on the southeast corner of FM 1774 and Oak Forest Drive, this property boasts approximately 880 feet of frontage on FM 1774 and 370 feet on Oak Forest Drive. Its strategic location directly across from the entrance/exit of the renowned Texas Renaissance Festival ensures high visibility and significant seasonal traffic increases, averaging 6,766 vehicles daily on FM 1774. The property is only five miles north of Magnolia and just miles from the Aggie Expressway (249 Extension), providing convenient access. Utilities, including electricity, are available on-site. The seller is open to subdividing the land, and build-to-suit options may be available. Detailed demographics and a complete survey are accessible upon request. The property is offered at $905,000, representing a fee simple ownership. Grimes County's 2017 total tax rate was $1.69 per $100 of assessed value. This prime location offers substantial potential for various commercial ventures, capitalizing on the high traffic volume and proximity to the popular Texas Renaissance Festival.
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.