27201 Midline Rd Splendora, TX 77327
This exceptional 4.45-acre commercial land parcel presents a remarkable investment opportunity. Strategically located on Highway 59 in Splendora, Texas (with a Cleveland mailing address and 77327 zip code), this unrestricted property boasts excellent visibility and accessibility. The land is zoned for commercial, industrial, and shopping center uses, offering diverse development potential. Priced at $499,800 ($2.57/sq ft), this property provides easy access to I-69 (Highway 59), placing it within a 25-minute commute of downtown Houston and George Bush Intercontinental Airport (IAH). Highway 242 is conveniently located 7.1 miles away, while the Grand Parkway (Highway 99) and Valley Ranch Town Center are approximately 12 miles from the site. The property's location within an Opportunity Zone further enhances its investment appeal. The APN is 6060-00-02300. This prime location and flexible zoning make this an ideal site for a variety of commercial ventures. Don't miss this chance to acquire a highly visible and strategically positioned property in a rapidly growing area.
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.