10550 Plum Grove Rd Cleveland, TX 77327
- High-rise multifamily apartments
- 20.69 lot acres
Current Use by Public Records
- High-rise multifamily apartments
Property Details for 10550 Plum Grove Rd
- Lot size
- 20.69 lot acres
- Property type
- High-rise multifamily apartments
- APN
- 000224-000005-009
Description
This exceptional 20.69-acre tract of land presents a unique investment opportunity in the high-growth area of Cleveland, Texas. Located at 10550 Plum Grove Road, this property boasts 630 feet of frontage along Plum Grove Road, situated at the southwest corner of Plum Grove Road and Martin Road. The land is priced at $2,128,300, translating to a land value of $1.70 per square foot. Its strategic location offers easy access to major transportation arteries, including Highway 99 (Grand Parkway) and US 59, both within a short driving distance. Commuting to Houston and George Bush Intercontinental Airport (IAH) is also convenient, estimated at approximately 28 minutes. The property's designation within an Opportunity Zone further enhances its investment appeal. The APN is 000224-000005-009. This versatile land parcel is zoned for multi-family, office, and retail uses, making it suitable for a wide range of development projects. The property's size and location make it an attractive prospect for developers seeking to capitalize on the area's robust growth and strategic connectivity. Liberty County provides a supportive environment for commercial development. This is a rare opportunity to acquire a significant land holding in a rapidly expanding market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Liberty
- State
- Texas
- Longitude
- -95.096964
- Latitude
- 30.178104
