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Property profile & analytics
OFF-MARKET
Land

0 Tx-150 New Waverly, TX 77358

12 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 12-acre property in New Waverly, Texas, presents a unique investment opportunity. Located directly on Highway 150, it boasts heavy daytime traffic, ensuring high visibility for any commercial venture. The land is situated outside of any flood zones, offering peace of mind. A significant advantage is the existing timber exemption, resulting in a low property tax rate, enhancing the financial appeal. The property's versatility is highlighted by a wide range of permitted uses, including but not limited to: gas station/convenience store, strip mall, restaurant, medical facility, office space, retail space, and various other commercial and light industrial options. The mature trees provide a scenic backdrop, while the convenient location near I-45 offers easy access to major transportation routes. This property combines the tranquility of a rural setting with the strategic benefits of a high-traffic commercial location, making it an ideal canvas for a diverse range of development projects. The APN is 67052 and the asking price is $390,000. This 12-acre parcel offers a compelling blend of natural beauty, accessibility, and commercial potential, promising significant returns for the discerning investor. The zoning allows for a variety of uses, ensuring flexibility and adaptability to various business plans. The low tax rate and flood-free location further enhance the property's attractiveness. This is a rare opportunity to acquire a prime piece of Texas commercial land with exceptional potential.

Property profile
Verified
Property type Land
Lot 12 ac (522,720 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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