604 Lovett Ave 59 Cleveland, TX 77327-4833
This exceptional 0.85-acre commercial land parcel presents a remarkable investment opportunity in the thriving Cleveland, Texas market, situated within the Houston MSA. The property boasts an enviable location at 604 Lovett Ave, 77327, offering unparalleled visibility and accessibility. Its strategic placement provides easy access to US-59 and Highway 105, two major thoroughfares experiencing a high volume of daily traffic exceeding 27,000 vehicles on US-59 alone. This ensures significant exposure for any commercial development. The site is ideally positioned near a cluster of established national retail and quick-service restaurants, including H-E-B, Walmart, Whataburger, McDonald's, Burger King, and Taco Bell. This concentration of popular businesses creates a high-traffic area, further enhancing the property's value and potential for attracting customers. The property's size and location make it suitable for a variety of commercial uses, presenting a unique chance to establish a successful business in a rapidly growing community. The land is ready for development, offering a blank canvas for a new commercial venture. This prime location and high visibility make this property an exceptional investment opportunity. Don't miss the chance to own this strategically located commercial land parcel in the heart of Cleveland, Texas.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.