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Property profile & analytics
OFF-MARKET
Commercial real estate

127 Coburn Rd Cleveland, TX 77328

2.21 ac lot
Property ID
US83-2477494
Property summary
AI-generated overview

This exceptional 2.211-acre commercial/industrial land parcel presents a unique investment opportunity in the thriving Cleveland, Texas market. Located at 127 Coburn Rd, in Montgomery County (APN 0048-00-08510), this property boasts a highly desirable location on SH 105, placing it directly in the path of significant growth. The lot is level and offers 166 feet of frontage, providing excellent visibility and accessibility. Importantly, this property has never experienced flooding and is unrestricted, offering maximum flexibility for development. The asking price is $450,000, representing a compelling value based on land value alone. This mixed-use zoning allows for a wide range of development possibilities. An adjacent 5.5-acre parcel is also available for purchase, presenting an opportunity to acquire a larger contiguous land holding. This property's prime location, combined with its size, zoning, and lack of restrictions, makes it an ideal investment for developers and businesses seeking a strategic foothold in a rapidly expanding area. The zip code is 77328. The property's coordinates are 30.3303762 latitude and -95.276872 longitude.

Property profile
Verified
Property type Commercial real estate
Lot 2.21 ac (96,311 SF)
APN 0048-00-08510
UPID US83-2477494
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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