Exceptional opportunity to acquire 10.694 acres of unrestricted commercial land in Damon, Texas, within Fort Bend County and zoned to Needville ISD. This property, identified as Tract 2, boasts a desirable, generally square shape with approximately 700 feet of frontage on paved Knolle Rd and a depth of approximately 660 feet. Currently enjoying an agricultural exemption for hay production, this land presents significant development potential. The property is located at 0 Knolle Rd, Damon, TX 77430. Buyers are responsible for conducting all necessary due diligence, including obtaining a new survey. The legal description references 10.694 acres as the southernmost half of a larger parcel (0150 H N CLEVELAND, ACRES 21.8). Offers should include prequalification letters or proof of funds. Adjacent Tract 1, also 10.694 acres, is available for purchase. This presents a unique chance to acquire a substantial land holding in a peaceful, country setting. The asking price for this remarkable property is $222,427.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.