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30291 FM 1488 Rd - Restaurant/Venue Facility 4,636 SF Specialty Building Offered at $949,000 in Waller, TX 77484
Investment Highlights
- High traffic area with high visibility
- New 280 acre development in the area
Executive Summary
Prime Commercial Opportunity on FM 1488 – 6.874 Unrestricted Acres
Exceptional investment opportunity in the highly desirable Fields Store community! This 6.874 unrestricted-acre property offers approximately 199 feet of high-visibility frontage on FM 1488, making it ideal for a variety of commercial, hospitality, or mixed-use ventures.
The property features a 3,800-square-foot commercial building perfectly suited for a restaurant, event venue, banquet facility, or other business. The building offers an open-concept layout with concrete floors, a neutral color palette, PEX plumbing throughout, three restrooms, a walk-in cooler, tables, chairs, and select equipment—providing a strong foundation for your next venture.
Major infrastructure upgrades include a new 5-ton HVAC system installed in 2025, an additional 4.5-ton HVAC unit, a grease trap, water well with generator backup, aerobic septic system, and access to public water.
Adding even more value, the rear of the property includes an established mobile home/RV park community, creating immediate income potential while leaving possible room for expansion or future development.
With unrestricted use, room for growth, and a new 280-acre development nearby, this property is positioned to benefit from the area's continued growth and increasing traffic. Whether you're looking to expand an existing business, develop a commercial project, or invest in a high-growth corridor, this unique property offers outstanding flexibility and long-term potential.
Exceptional investment opportunity in the highly desirable Fields Store community! This 6.874 unrestricted-acre property offers approximately 199 feet of high-visibility frontage on FM 1488, making it ideal for a variety of commercial, hospitality, or mixed-use ventures.
The property features a 3,800-square-foot commercial building perfectly suited for a restaurant, event venue, banquet facility, or other business. The building offers an open-concept layout with concrete floors, a neutral color palette, PEX plumbing throughout, three restrooms, a walk-in cooler, tables, chairs, and select equipment—providing a strong foundation for your next venture.
Major infrastructure upgrades include a new 5-ton HVAC system installed in 2025, an additional 4.5-ton HVAC unit, a grease trap, water well with generator backup, aerobic septic system, and access to public water.
Adding even more value, the rear of the property includes an established mobile home/RV park community, creating immediate income potential while leaving possible room for expansion or future development.
With unrestricted use, room for growth, and a new 280-acre development nearby, this property is positioned to benefit from the area's continued growth and increasing traffic. Whether you're looking to expand an existing business, develop a commercial project, or invest in a high-growth corridor, this unique property offers outstanding flexibility and long-term potential.
Property Facts
| Price | $949,000 | Lot Size | 6.87 AC |
| Price Per SF | $251.32 | Building Size | 3,776 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1999 |
| Property Subtype | Lodge/Meeting Hall | Parking Ratio | 2.65/1,000 SF |
| Building Class | C |
| Price | $949,000 |
| Price Per SF | $251.32 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Lodge/Meeting Hall |
| Building Class | C |
| Lot Size | 6.87 AC |
| Building Size | 3,776 SF |
| No. Stories | 1 |
| Year Built | 1999 |
| Parking Ratio | 2.65/1,000 SF |
Amenities
- Air Conditioning
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 12422 | Improvements Assessment | $140,670 |
| Land Assessment | $365,630 | Total Assessment | $506,300 |
Property Taxes
Parcel Number
12422
Land Assessment
$365,630
Improvements Assessment
$140,670
Total Assessment
$506,300
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30291 FM 1488 Rd - Restaurant/Venue Facility