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Property profile & analytics
OFF-MARKET
Land

12348 Us-59 Bus Splendora, TX 77372

10.73 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 10.73-acre commercial/industrial land parcel boasts excellent visibility and frontage on Highway 59 (I-69) in Splendora, Texas. Strategically located adjacent to Mustang Cat Equipment Rental Center, this property offers significant advantages for businesses seeking high traffic exposure. The site features multiple access points, including convenient access from Cole Drive, in addition to Highway 59. City of Splendora utilities, including water and sewer, are readily available. Its prime location provides easy access to major thoroughfares such as Highway 99 (Grand Parkway) and State Highway 242, placing it within a 34-minute drive (30 miles) of Houston and George Bush Intercontinental Airport (IAH). The property's APN numbers are 6060-00-05200, 6060-00-05300, and 6060-00-05100. The asking price is $2,640,800. This high-traffic area presents a unique opportunity for development and investment. The address is 12348 US-59 BUS, Splendora, TX 77372, within Montgomery County.

Property profile
Verified
Property type Land
Lot 10.73 ac (467,399 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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