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Property profile

904 County Rd Cleveland, TX 77327

OFF-MARKET
Land
1.56 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity presents three adjacent corner lots totaling approximately 4.5 acres in Cleveland, Texas, zoned for commercial use. Located directly next to a Dollar General Market store, these lots boast outstanding visibility and convenient access, making them ideal for retail, commercial, or mixed-use development. The property features city water and sewer connections, along with readily available 3-phase power. Importantly, there are no detention requirements, simplifying the development process. The lots benefit from high traffic flow due to their proximity to six existing schools, with a seventh planned for 2025. This rapidly growing area, situated between Highway 59 and I-10, offers three direct access points from Highway 99 and is projected to reach 250,000 residents upon completion. The individual lot sizes range from 1.56 to 1.62 acres, and the asking price is $611,582.40, representing a land value of $9 per square foot. This is a rare chance to capitalize on the significant growth and development potential of this thriving community. The strategic location and existing infrastructure make this an unparalleled opportunity for commercial success. Don't miss this chance to secure a prime position in a booming market.

Property profile

Verified
Property type Land
Lot 1.56 ac (67,954 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

904 County Rd Cleveland, TX 77327
Cleveland metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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