508 Washington Ave Cleveland, TX 77327
- Auto shops
- 0.56 lot acres
Current Use by Public Records
- Auto shops
Property Details for 508 Washington Ave
- Lot size
- 0.56 lot acres
- Property type
- Auto shops
Description
This ±0.56-acre pad site in Cleveland, Texas, presents a unique investment opportunity. Located at 508 S Washington Ave, 77327, this property offers excellent visibility and accessibility, boasting exposure to over 20,000 vehicles daily on Washington Avenue. The site is available for ground lease or build-to-suit, catering to a variety of retail uses, including auto shops, quick-service restaurants (QSRs), and full-service restaurants. Its strategic location is further enhanced by its proximity to a major H-E-B grocery store, approximately 0.1 miles away. The site's high-performing neighbors include Sonic, Jack in the Box, and Pizza Hut, all of which report sales volumes in the top 5-8% of their respective brands; Sonic reports $3.1 million in sales, while Jack in the Box and Pizza Hut each report $2 million. This strong retail environment is further bolstered by the ongoing construction of a 1,200-acre BNSF Railway facility, projected for completion by the end of 2023, promising significant future growth and increased traffic in the area. This prime location offers exceptional potential for businesses seeking high visibility and strong sales performance in a rapidly developing market. Liberty County location provides access to a growing population base.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Liberty
- State
- Texas
- Longitude
- -95.093804
- Latitude
- 30.337354
