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4901 Fm 1010 Rd
Cleveland, TX 77327
Retail Pads · Land For Sale · 7.81 ac

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INVESTMENT HIGHLIGHTS

  • Within IRS/HUD Opportunity Zone census tracts.
  • All utilities to be available - shovel ready.
  • Captive households, and at the entrance of subdivision.

EXECUTIVE SUMMARY

Opportunity Zone deal in Cleveland TX, nestled on FM-1010 (Plum Grove), and a brand new subdivision, slotted to break ground on April 2021 for about 199 homes, targeted to be priced in the 200Ks. Further development is already underway along FM-1010 north of the subject.
January 2, 2025 update - The design and size of the lots is subject to change. This will be reflected in the system once additional details are received.

PROPERTY FACTS

Sale Type Investment or Owner Occupier
No. Plots 3
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Local Shop
  • Fast Food
  • Standalone
  • Neighbourhood Centre
  • Restaurant
  • Self Storage
  • Shopfront
  • Shopfront, Retail or Office
  • Shopfront, Retail or Residential
Total Plot Size 7.81 ac
No. Floors 2
Opportunity Zone Yes

3 PLOTS AVAILABLE

Plot 1

Price £1,338,312
Price Per ac £243,329.42
Total Plot Size 5.50 ac

~5.5 acre tract, at the entrance of subdivision, perfect for retail strip - Developer has already pre-sold 199 lots, with target home prices in the 200's. All utilities to be available.

Plot 2

Price £232,437
Price Per ac £243,329.46
Total Plot Size 0.96 ac

North Pad Site - To be delivered in shovel-ready condition, on the north side of the entrance to subdivision.

Plot 3

Price £329,400
Price Per ac £243,329.42
Total Plot Size 1.35 ac

South Pad site - To be delivered in shovel-ready condition, on the south side of the entrance to subdivision.

DESCRIPTION

Opportunity Zone deal in Cleveland TX, nestled on FM-1010 (Plum Grove), and a brand new subdivision, slotted to break ground on April 2020 for about 199 homes, targeted to be priced in the 200Ks. Further development is already underway along FM-1010 north of the subject. Address is approximate - used for mapping purposes only.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
000297-000021-000
Land Assessment
£39,274
Improvements Assessment
£319,866
Total Assessment
£359,140
  • Listing ID: 22562800

  • Date on Market: 25/03/2021

  • Last Updated:

  • Address: 4901 Fm 1010 Rd, Cleveland, TX 77327

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