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Property profile & analytics
OFF-MARKET
Land

61 Fm 1724 Rd Hankamer, TX 77560

54 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1,087-acre commercial land offering presents a premier mixed-use development opportunity with significant regional implications. Strategically located in Hankamer, Chambers County, Texas, this property boasts approximately 3.1 miles of frontage along Interstate 10E, providing unparalleled access and visibility. The land is divided into four parcels (868 acres, 60 acres, 105 acres, and 54 acres), offering flexibility for various development scenarios. Its proximity to major energy centers in Baytown and Mont Belvieu, including ExxonMobil and Chevron/Phillips, coupled with the substantial energy sector investment in the area, creates high demand for commercial and residential development. The property benefits from excellent logistics, with easy access to key transportation arteries such as the Grand Parkway, SH 146, the Port of Houston, and Downtown Houston. Chambers County's pro-business environment and potential for tax abatements and concessions further enhance the investment appeal. Existing infrastructure includes Entergy Corp. electric service, public water and sanitary sewer access along I-10 and SH 61, and some existing detention/drainage systems. Topographic surveys have been completed for a significant portion of the property, and drainage is facilitated via White's Bayou and local channels. The property also enjoys a contiguous boundary with the Chambers County Golf Course. The area's rapid population growth, with Chambers County experiencing significant annual increases, underscores the long-term potential of this exceptional development site. Detailed information regarding utilities and permitting is available from the relevant county departments.

Property profile
Verified
Property type Land
Lot 54 ac (2,352,240 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
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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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