32702 Knebel Rd Waller, TX 77484
This exceptional 10-acre commercial property, located at 32702 Knebel Road in Waller, Texas, presents a unique investment opportunity. Zoned for industrial use, this expansive lot boasts approximately 375 feet of frontage on Knebel Road, offering excellent visibility and accessibility. Its strategic location is just 1.75 miles north of US 290 (at the FM 362 exit), providing convenient access to major transportation routes. The property sits within the rapidly developing Waller County, benefiting from the significant residential growth in the area. Surrounded by burgeoning communities such as Beacon Hill and Oakwood Estates, totaling over 1500 acres of planned residential development, this land offers substantial potential for future appreciation. Situated just outside the city limits of Waller, it enjoys a desirable location while avoiding potential city regulations. Importantly, this property is not located within a flood plain, according to FEMA maps, mitigating risk and enhancing its appeal. The asking price is $1,500,000. While the square footage of existing structures is listed as 1 square foot, the significant acreage makes this a prime candidate for various industrial developments. This is a rare opportunity to acquire a large parcel of land in a high-growth area with excellent access to major roadways.
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
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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.