Current Use by Public Records
- Land
Property Details for 4902 Farm To Market 1010 Rd
- Property type
- Land
Description
This exceptional commercial land opportunity in Cleveland, Texas, presents three tracts ideally situated at the entrance of a brand-new residential subdivision slated for approximately 199 homes, with projected prices in the $200,000 range. Groundbreaking for this subdivision is anticipated to have begun in April 2021. The property boasts a strategic location on FM-1010 (Plum Grove Road), benefiting from significant ongoing development along the roadway to the north. The offering includes three distinct tracts: a roughly 5.5-acre parcel perfect for a retail strip center or mini-anchor tenant, positioned directly at the subdivision entrance. Additionally, two "shovel-ready" pad sites are available: a north pad site encompassing 41,610 square feet and a south pad site measuring 58,968 square feet. These pad sites are conveniently located on either side of the subdivision entrance, providing optimal visibility and accessibility. This property presents a compelling investment opportunity within an Opportunity Zone, capitalizing on the growth potential of a thriving new community. The readily developable nature of the pad sites minimizes pre-construction delays, allowing for swift project commencement. This prime location and the burgeoning residential development make this an exceptional investment for commercial development.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Liberty
- State
- Texas
- Longitude
- -95.0857
- Latitude
- 30.2578
