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Property profile & analytics
OFF-MARKET
Land

10978 Fm 1774 Todd Mission, TX 77363

5.7 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 5.7 ac (248,292 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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