Property profile

0 Us-59 Splendora, TX 77372

OFF-MARKET
Commercial real estate
213,356 SF 4.89 ac lot
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Property summary

AI-generated overview

This exceptional 4.89-acre commercial land parcel presents a remarkable investment opportunity in Splendora, Texas. Boasting 274 feet of prime frontage along heavily trafficked US-59, this property offers unparalleled visibility and accessibility. Its strategic location provides easy access to FM 2090 and I-69 (Hwy 59), ensuring high traffic counts and excellent exposure for any commercial venture. City of Splendora utilities are readily available, simplifying development. The property's proximity to key transportation arteries is a significant advantage, with Hwy 242 just 5 minutes away, offering convenient access to a range of amenities, including entertainment and dining options. Furthermore, the Grand Parkway (Hwy 99) and Valley Ranch Town Center are a short 9-minute drive, while George Bush Intercontinental Airport (IAH) is approximately 22 minutes away. The total square footage is 213,356 square feet, with an asking price of $599,800, resulting in a price per square foot of $2.81. This property is zoned for commercial use and represents a rare opportunity to capitalize on the growth and development in the Splendora area. The property is located in Montgomery County, Texas, with the address listed as US-59, Splendora, TX 77372.

Property profile

Verified
Property type Commercial real estate
Total area 213,356 SF
Lot 4.89 ac (213,008 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Us-59 Splendora, TX 77372
Splendora metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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