0 Highway 321 Cleveland, TX 77575
This exceptional 693.05-acre tract of land presents a unique investment opportunity in Liberty County, Texas. Located near Cleveland and Dayton, this unrestricted property boasts significant highway frontage: 3,093 feet on Highway 321, 4,747 feet on CR 2274, and 2,548 feet on CR 2278. Its strategic location offers excellent visibility and accessibility. The property is conveniently situated less than 10 miles from Cleveland and 15 miles from Dayton, providing easy access to amenities and services. Adding to its appeal, the land is situated within an Opportunity Zone, offering potential tax advantages. A significant benefit is the adjacent water tower on the northwest corner, ensuring ample water capacity. Further enhancing its desirability, the property is not located within a floodplain and is served by the Tarkington ISD. Priced at $12,474,900, or $18,000 per acre, this expansive land parcel is ideal for a variety of commercial and residential developments. The absence of zoning restrictions provides unparalleled flexibility for future projects. This is a rare opportunity to acquire a large, strategically located, and versatile property in a rapidly growing area of Texas.
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
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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.