1262 Fostoria Rd Cleveland, TX 77328
This exceptional 40-acre commercial land parcel presents a remarkable investment opportunity in the thriving Cleveland, Texas area. Located at 1262 N Fostoria Rd, 77328, this strategically positioned property boasts optimal visibility and accessibility, making it ideal for a wide range of commercial and retail developments. The property's expansive size offers ample space for significant projects, whether it's a large-scale development or expansion of an existing business. Montgomery County's favorable zoning regulations further enhance the property's appeal, streamlining the development process for various ventures. The site's prime location within a highly sought-after area ensures strong potential for return on investment. This is a rare opportunity to acquire a substantial land holding in a dynamic market, perfectly suited for land or retail-pad investment. The property's 40 acres provide significant flexibility for ambitious development plans, capitalizing on the area's growth and demand. Don't miss this chance to secure a prominent position in the Cleveland commercial landscape. The asking price is $1,599,000.
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
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.