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Property profile & analytics
OFF-MARKET
Commercial real estate

10994 Fostoria Rd Cleveland, TX 77328

3.9 ac lot
Property ID
US83-2589956
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 3.9 ac (169,884 SF)
APN 0310-01-03100
UPID US83-2589956
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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