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Property profile & analytics
OFF-MARKET
Land

321 Tbd State Hwy Cleveland, TX 77327

391 ac lot
Property ID
Property summary
AI-generated overview

This expansive 391-acre tract presents a remarkable residential development opportunity in Dayton, Texas. Situated in the desirable Tarkington Independent School District, the property boasts over 3000 feet of frontage along Highway 321, providing excellent visibility and accessibility. Its strategic location between the cities of Cleveland and Dayton offers convenient access to amenities and major transportation routes. The substantial acreage allows for a variety of development possibilities, catering to diverse residential needs. The land's size and highway frontage make it an ideal location for a large-scale residential project, potentially including single-family homes, multi-family units, or a mixed-use development. Detailed surveys and environmental studies would be necessary to fully assess the development potential and to determine the feasibility of specific project plans. The asking price for this exceptional property is $9,925,000. This represents a significant investment opportunity for developers seeking a prime location for a substantial residential project in a growing Texas community. The property's address is listed as TBD State Highway 321, Dayton, TX 77327. Further information and due diligence are encouraged.

Property profile
Verified
Property type Land
Lot 391 ac (17,031,960 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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