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Property profile & analytics
OFF-MARKET
Land

11304 Fostoria Rd Cleveland, TX 77328

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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