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20611 US Highway 59 - 8 +Acres in New Caney on US HWY 59 8.14 Acres of Commercial Land Offered at $2,900,000 in New Caney, TX 77357
Investment Highlights
- High visibility in between on/off ramp for US HWY 59 (I-69)
- Easy access to major roadways: TX 242, FM 1485, Loop 494, and TX 99 (Grand Parkway)
- Located near major retail, shopping, and dining options
Executive Summary
Excellent visibility along US Highway 59 North with 482 +/- feet of frontage. Property is located between the off and on ramps allowing easy access. A long term (NNN) lease is in place with mulch company and with billboard company making this an excellent investment or to hold for future development if desired.
Financial Summary (Actual - 2025) |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$168,000
|
$20,638.82
|
| Other Income |
$44,614
|
$5,480.84
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$212,614
|
$26,119.66
|
| Taxes |
$51,404
|
$6,314.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$51,404
|
$6,314.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $168,000 |
| Annual Per AC | $20,638.82 |
| Other Income | |
|---|---|
| Annual | $44,614 |
| Annual Per AC | $5,480.84 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $212,614 |
| Annual Per AC | $26,119.66 |
| Taxes | |
|---|---|
| Annual | $51,404 |
| Annual Per AC | $6,314.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $51,404 |
| Annual Per AC | $6,314.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
Property Facts
| Price | $2,900,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 8.14 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $2,900,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 8.14 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $2,900,000 | Lot Size | 8.14 AC |
| Price Per AC | $356,265.36 |
| Price | $2,900,000 |
| Price Per AC | $356,265.36 |
| Lot Size | 8.14 AC |
This 8.14 acre tract is located between exit and entrance ramps to US Hwy 59 Northbound (I-69) in fast growing area of New Caney Texas.
Description
Excellent visibility along US Highway 59 North with 482 +/- feet of frontage. Property is located between the off and on ramps allowing easy access. A long term (NNN) lease is in place with mulch company and long-term lease with billboard company making this an excellent investment or to hold for future development if desired.
Somewhat walkable
30/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 0392-01-00100 | Total Assessment | $2,808,870 |
| Land Assessment | $2,807,860 | Annual Taxes | $51,404 |
| Improvements Assessment | $1,010 | Tax Year | 2025 |
Property Taxes
Parcel Number
0392-01-00100
Land Assessment
$2,807,860
Improvements Assessment
$1,010
Total Assessment
$2,808,870
Annual Taxes
$51,404
Tax Year
2025
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