61 Fm 1724 Rd Hankamer, TX 77560
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.
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
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.