23460 Tx-321 Cleveland, TX 77327
This exceptional 65.05-acre property presents a unique investment opportunity in the thriving Cleveland, Texas area. Located just off East Houston St./TX 105/TX 321, this unrestricted land boasts a prime location with convenient access to a busy highway, offering unparalleled potential for various commercial and agricultural ventures. The property is zoned for Tarkington ISD and includes two tax records, with a low 1.73 tax rate. The existing structure on the land is considered a tear-down, allowing for complete customization to suit your vision. Furthermore, the seller retains mineral rights, adding significant value to this already attractive investment. The expansive acreage provides ample space for a wide range of uses, from large-scale agricultural operations to commercial development projects. Its strategic location within a rapidly growing area ensures strong potential for future appreciation. This is a rare opportunity to acquire a substantial parcel of unrestricted land in a highly desirable location with significant upside potential. The property's versatility and prime location make it an ideal investment for discerning buyers seeking a high-return opportunity in a dynamic market.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.