5815 Commerce St Wallis, TX 77485
For Sale
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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.
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
No recorded transactions found for this property.
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.