38604 Fm 3346 Rd Hempstead, TX 77445
For Sale
This exceptional 19.59-acre commercial property in Hempstead, Texas, presents a unique investment opportunity. Located in Waller County, with a convenient address at 38604 FM 3346, and zip code 77445, this land boasts significant advantages. The property enjoys excellent accessibility, offering easy access to Highway 290. Its gently rolling terrain is ideal for various commercial ventures. A key feature is the existing stocked pond and creek, adding to the property's natural beauty and potential. Multiple potential home sites are available, providing flexibility for development. The property also benefits from a well-maintained pipe entrance and frontage on FM 3346. The low annual real estate tax of $57 contributes to its attractive investment profile. The property is situated within the Waller Independent School District. This expansive acreage is currently designated as ag exempt, offering potential tax advantages. This versatile land parcel is ready for your vision, whether it's a commercial development or a combination of residential and commercial uses. Its location and features make it a highly desirable investment in a growing area. The coordinates are 30.055494 latitude and -96.049239 longitude.
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
Similar Nearby for Lease
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.