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520 Easy St - 5 Acre Tract Cleveland, Texas 5 Acres of Commercial Land Offered at $800,000 in Cleveland, TX 77327

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Investment Highlights

Located in an Opportunity Zone
Outside of Flood Zone
Utilities Available from City of Cleveland

Approximately 467 Ft of frontage
Utilities readily available from the City of Cleveland
No restrictions

Executive Summary

This 5-acre tract provides a prime development opportunity within the growing Cleveland market. The property is approved for high-density residential use and includes full utility access from the City of Cleveland. Located outside of a flood zone and within an Opportunity Zone, the site offers beneficial tax advantages to investors. Approximately 467 feet of frontage delivers strong visibility and access. With no zoning restrictions and a surrounding mix of residential, retail, and service providers, this site is ideal for multifamily, townhome, or other dense residential projects.

RES 5 Acre Tract Cleveland TX Flyer

Property Facts

Price	$800,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial Multifamily Apartment Units
No. Lots	1	Total Lot Size	5.00 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Residential/ Mix Use - Residential/ Mix Use

Price	$800,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Multifamily Apartment Units
Total Lot Size	5.00 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Residential/ Mix Use - Residential/ Mix Use

1 Lot Available

Lot 1

Price	$800,000	Lot Size	5.00 AC
Price Per AC	$160,000.00

Price	$800,000
Price Per AC	$160,000.00
Lot Size	5.00 AC

5-acre development-ready tract approved for high-density residential in Cleveland, TX. Utilities available; Opportunity Zone location.

Description

Positioned off Easy Street with nearby connections to major commercial corridors, this 5-acre tract in Cleveland, TX, is fully prepared for development. The site has City of Cleveland utilities available and sits outside designated flood zones. Its classification for high-density residential gives developers flexibility to align with regional housing demand. Approximately 467 feet of frontage enhances design potential and entry options. Being located in an Opportunity Zone adds significant financial benefits for qualifying buyers. The immediate area includes existing and proposed multifamily units, national retailers, and local amenities, creating a strong foundation for residential growth and supporting services.

Contacts

Safin Momin
RESOLUT RE
RESOLUT RE

Listing ID: 32109951
Date on Market: 6/12/2024
Last Updated:
Address: 520 Easy St, Cleveland, TX 77327

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