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Property profile & analytics
OFF-MARKET
Land

0 Highway 321 Cleveland, TX 77575

693.05 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 693.05 ac (30,189,258 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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