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Property profile & analytics
FOR SALE
Commercial real estate

5815 Commerce St Wallis, TX 77485

1.45 ac lot
Property ID
US82-4437663
Property summary
AI-generated overview

Exceptional opportunity to develop 1.45 acres of commercial land in the thriving Wallis, Texas community. This property, located at 5815 Commerce Street, boasts convenient access to Highway 36, placing it within easy reach of Fulshear, Simonton, Sealy, Rosenberg, and East Bernard. Wallis is poised for significant growth, particularly with the recently approved Allens Creek Reservoir project, promising recreational opportunities and attracting further development. This prime location is ideal for various commercial ventures, capitalizing on the expanding residential and business sectors. The City of Wallis Development Corporation is actively supporting development in the area and offering assistance with flood mitigation for these three prime tracts. Public water and sewer utilities are readily available, and the property benefits from paved road frontage. The Austin County location, with APN R000011018, presents a compelling investment prospect in a rapidly growing Texas town. Don't miss this chance to be part of Wallis's exciting future.

Property profile
Verified
Property type Commercial real estate
Lot 1.45 ac (63,162 SF)
APN R000011018
UPID US82-4437663
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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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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