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Property profile & analytics
OFF-MARKET
Land

39102 Highway 290 Business Waller, TX 77484

1.34 ac lot
Property ID
US82-4701038
Property summary
AI-generated overview

This 1.34-acre agricultural land parcel presents an exceptional development opportunity in the rapidly expanding Waller, Texas area. Boasting approximately 320 feet of frontage on Highway 290 Business, this property enjoys excellent visibility and high traffic counts, exceeding 50,000 vehicles daily on US-290 and over 36,000 on the Grand Parkway (99). Its strategic location is situated at the corner of a new single and multifamily development, including 53 duplexes, construction of which began in 2020. This prime location places the property within a high-density residential and commercial area, offering easy access to major freeways and retail amenities. Just minutes from Hempstead, Prairie View, Tomball, Cypress, and the Daikin Technologies HQ, this land benefits from a captive market audience adjacent to Georgetown Oaks, a proposed Binford Business Park, and the new Waller Town Center. The property is conveniently located only one mile from FM 2920 and ten miles from the Grand Parkway (99), placing it on a high-traffic commute corridor. Located in Harris County, Waller ISD, and within the Waller city limits, the 2019 total tax rate was $2.18 per $100 of assessed value. This exceptional property offers significant potential for investors and developers seeking a strategic location in a thriving market.

Property profile
Verified
Property type Land
Lot 1.34 ac (58,370 SF)
UPID US82-4701038
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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