435 County Road 381 Cleveland, TX 77328
This exceptional 42.5-acre property presents a remarkable development opportunity in Liberty County, Texas. Strategically located near Cleveland, TX, this land boasts 894.35 feet of frontage on County Road 381 South, offering excellent visibility and accessibility. Its proximity to Interstate 69 (less than half a mile) provides convenient access to major transportation routes, with a recorded 43,198 daily traffic counts on I-69 in 2022. The nearly level topography, with a minimal 5-foot elevation change, simplifies development planning. The land is predominantly covered in pine timber with interspersed hardwoods and features four ponds, primarily used for timber irrigation. Importantly, this property is not situated in a flood zone. Currently, the site includes two single-family residences
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
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.