17845 Fm 362 Rd Waller, TX 77484
This exceptional 4.84-acre commercial land parcel presents a compelling investment opportunity in Waller, Texas. Strategically located on FM 362, approximately 2.5 miles south of US Highway 290, this property boasts 248 feet of frontage on a major thoroughfare connecting US Hwy 290 to I-10. The high traffic volume of FM 362 ensures excellent visibility and accessibility. The site is currently vacant and unimproved, offering a blank canvas for a variety of commercial ventures. Potential uses include equipment or material storage, a landscape company storage yard, or a general storage lot. The property is fenced and has existing standard electric service. A well and septic system are present, though their condition is undetermined. This rapidly developing area offers easy access to the Grand Parkway and is experiencing significant growth in both commercial and residential sectors. The lot is zoned "None" and is situated outside the floodplain. The total land area encompasses 211,222 square feet (4.84 acres). This prime location and versatile land make this an ideal opportunity for entrepreneurs and investors alike.
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
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Property description
Physical attributes from public recordsZoning & alternative use
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.