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


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
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 | Proposed Use | |
| No. Plots | 3 | Total Plot Size | 7.81 ac |
| Property Type | Land | No. Floors | 2 |
| Property Subtype | Commercial | Opportunity Zone |
Yes
|
| Sale Type | Investment or Owner Occupier |
| No. Plots | 3 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Plot Size | 7.81 ac |
| No. Floors | 2 |
| Opportunity Zone |
Yes |
3 PLOTS AVAILABLE
Plot 1
| Price | £1,338,312 | Total Plot Size | 5.50 ac |
| Price Per ac | £243,329.42 |
| 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 | Total Plot Size | 0.96 ac |
| Price Per ac | £243,329.46 |
| 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 | Total Plot Size | 1.35 ac |
| Price Per ac | £243,329.42 |
| 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
| Parcel Number | 000297-000021-000 | Improvements Assessment | £319,866 |
| Land Assessment | £39,274 | Total Assessment | £359,140 |
