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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 $4,079,517 CAD 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 (CAD) | Annual Per AC (CAD) |
|---|---|---|
| Gross Rental Income |
$236,331
|
$29,033.25
|
| Other Income |
$62,760
|
$7,710.06
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$299,091
|
$36,743.31
|
| Taxes |
$72,312
|
$8,883.48
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$72,312
|
$8,883.48
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $236,331 |
| Annual Per AC | $29,033.25 |
| Other Income (CAD) | |
|---|---|
| Annual | $62,760 |
| Annual Per AC | $7,710.06 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $299,091 |
| Annual Per AC | $36,743.31 |
| Taxes (CAD) | |
|---|---|
| Annual | $72,312 |
| Annual Per AC | $8,883.48 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $72,312 |
| Annual Per AC | $8,883.48 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
Property Facts
| Price | $4,079,517 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 8.14 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $4,079,517 CAD |
| 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 | $4,079,517 CAD | Lot Size | 8.14 AC |
| Price Per AC | $501,169.18 CAD |
| Price | $4,079,517 CAD |
| Price Per AC | $501,169.18 CAD |
| 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 | $3,956,265 CAD |
| Land Assessment | $3,954,843 CAD | Annual Taxes | $72,312 CAD |
| Improvements Assessment | $1,423 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
0392-01-00100
Land Assessment
$3,954,843 CAD
Improvements Assessment
$1,423 CAD
Total Assessment
$3,956,265 CAD
Annual Taxes
$72,312 CAD
Tax Year
2025
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20611 US Highway 59 - 8 +Acres in New Caney on US HWY 59
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