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Property profile & analytics
FOR SALE
Farms

23111 Fm 1462 Rd Damon, TX 77430

Property ID
US82-3394210
Property summary
AI-generated overview

Invest in the future with this prime 65+/- acre UNRESTRICTED site with 9,562 SF commercial office building, barndominium and over 2000 trees on FM 1462 in Fort Bend County and zoned to Needville ISD! This tract is 5.5+/- miles south of the proposed Grand Parkway/Hwy 99, 7.5 miles from the master planned Austin Point subdivision and 300+/- feet from the intersection of FM 762 and FM 1462 which connects Hwy 36 and Hwy 288. The property boasts over 2,000 trees that could be sold, 2 large ground water-filled ponds w/ fountains and a 4" water well w/ 500 gallon tank. The rear 25+/- acres is fully fenced! The property is AG EXEMPT and, per the FEMA flood maps, is completely out of the flood hazard area except for 1+/- acres in the SW corner in the 500 year flood zone. With this area being primed for growth plus all the great improvements, this property is ideal for a gorgeous HOMESITE or residential/commercial development. Contact us now! bikeScore: 25, Somewhat Bikeable walkScore: 0, Car-Dependent

Property profile
Verified
Property type Farms
UPID US82-3394210
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
Current use
Occupant on record · Public records
  • Advanced Geodetic Surveys, Inc. (Bike/Boat/Book/etc) Store Rental Equipment Company
  • Dry Rock Products Business To Business Service
  • Advanced UAV Solutions Photography Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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