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    OFF-MARKET
    Land

    0 Us-59, Hungerford, TX 77448

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    AI-generated overview

    This exceptional 33-acre unrestricted commercial land parcel presents a remarkable investment opportunity in the rapidly growing Wharton County, Texas. Strategically located on Business 59, just south of Hungerford and near the Fort Bend County line, this property enjoys excellent visibility and accessibility. Its proximity to the intersection of I-59/69 and Business 59 provides unparalleled connectivity to major transportation arteries. The site boasts existing electricity infrastructure and evidence of a previous water well, although the septic system is currently non-functional. The land is partially wooded and partially cleared, offering flexibility for various development scenarios. Its advantageous location near the Kansas City Southern Intermodal railroad transportation center further enhances its logistical appeal. Investors should note the ongoing Texas Department of Transportation expansion plans for Interstate 69, which are expected to significantly increase property value in the area. This property is ideally suited for a diverse range of commercial ventures, including storage facilities, mobile home parks, or industrial uses. The site's proximity to the new 933-acre Emberly residential development adds to its long-term growth potential. An old farmhouse is situated on the property and is available for removal by the buyer. The seller is motivated and will consider all offers. The asking price is $994,900. This is a rare opportunity to acquire a substantial commercial tract in a high-growth area of Texas.

    Property profile
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    Property type Land
    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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