11304 Fostoria Rd Cleveland, TX 77328
This exceptional 18-acre commercial land parcel in Cleveland, Texas, presents a remarkable investment opportunity. Located at 11304 Fostoria Rd, 77328, this unrestricted property boasts approximately 422 feet of frontage on Fostoria Road and offers convenient secondary access via Sweet Clover Lane. Its strategic location provides easy access to major thoroughfares including Highway 105, US 59, and the Grand Parkway. The land itself has been strategically elevated using fill from on-site pond excavation. Existing infrastructure includes city water, a well, and a three-tank septic system. The property also features several existing structures: a single-story recreational building (circa 1995) with a kitchen, three rooms, three bathrooms, and an oversized carport; a 58' x 22' shop with a half-bath and drive-through access; and a 15' x 23' standalone building suitable for office or storage space. The landscape is beautifully maintained, featuring a variety of mature trees (Oak, Hickory, Pine, Pecan, Black Walnut, Peach, Mulberry, Lemon, Fig, and Persimmon) and open grass pastures. Four man-made ponds add to the property's unique character and potential. The unrestricted zoning allows for a wide range of development possibilities, including multifamily housing, commercial ventures, mixed-use projects, senior housing, recreational facilities, or hospitality and event centers. This versatile property is ready for your vision.
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.