For Lease
1 / 3
Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight