0 Krenek Rd Crosby, TX 77532
This exceptional offering encompasses two substantial tracts of land situated at the southeast and northeast corners of Highway 90 and Krenek Road in Crosby, Texas. These parcels present a unique opportunity for mixed-use development, ideally suited for residential projects such as multifamily housing or rental communities. The combined acreage totals between 49,000 and 189,000 square feet. The tracts along Krenek Road are particularly well-positioned for commercial development. The current owners intend to retain approximately 20-30 acres for their own future development. Utilities are conveniently located on the west side of Highway 90. Extending utilities to the eastern portion of the development would require coordination with the City of Crosby, which has expressed a strong interest in collaborating with developers to enhance the area. Pricing is flexible and will be determined based on the specific size, location, and other relevant factors of the chosen parcel. Interested parties are encouraged to inquire for detailed pricing information and to discuss their development plans. This is a rare opportunity to acquire land in a rapidly growing area with significant potential for substantial returns. The property is zoned for commercial, industrial, and residential uses.
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
Similar Nearby for Lease
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.