10994 Fostoria Rd Cleveland, TX 77328
This exceptional 3.9-acre commercial land parcel presents a compelling investment opportunity in the rapidly expanding Cleveland, Texas market. Strategically situated at the intersection of Fostoria Road and Morgan Cemetery Road, this property boasts high visibility and accessibility. The parcel is designated as Commercial and Industrial, offering diverse development potential. Currently, the area experiences significant growth, with numerous residential subdivisions under construction, creating a strong demand for commercial services. Market analysis indicates a need for convenience stores, retail spaces, office warehouses, and storage units, making this land ideally suited for a variety of uses. The property's location at a busy intersection ensures high traffic volume, promising strong returns for both investors and owner-users. The property's APN is 0310-01-03100, and it's located at 10994 Fostoria Rd, Cleveland, TX 77328, within Montgomery County. This prime location, coupled with the current development boom and projected sustained growth, makes this a truly exceptional investment opportunity, whether for long-term holding or immediate development. The asking price is $1,500,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.