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- LoopNet Team
10994 Fostoria Rd
Cleveland, TX 77328
Commercial Property 3.9 Ac · Land For Sale
·
3.90 AC

INVESTMENT HIGHLIGHTS
- Growing area with subdivisions being built at this time
- Perfect for Investment (develop or hold) and Owner User as Well
- Busy intersection with little or no convenience for gas, food, retail
PROPERTY FACTS
DESCRIPTION
This highly visible 3.99-acre parcel, located at the prime intersection of Fostoria Road and Morgan Cemetery Road in Cleveland, TX, offers an outstanding investment or owner-user opportunity in a high-growth corridor. Positioned at the gateway to multiple new residential developments, this property benefits from exceptional frontage, strong traffic counts, and direct access to key thoroughfares serving the rapidly expanding community. The site is ideal for a variety of commercial uses, including retail, convenience stores, office buildings, medical facilities, and mixed-use development. Explosive Residential Growth in Immediate Proximity The surrounding area is experiencing a massive influx of new housing developments, with thousands of new homes under construction or in the planning stages within just a few miles of the site. • Pinewood Trails (LGI Homes) – Less than 1 Mile Away One of the closest and most prominent new developments, Pinewood Trails, is a 974-home master-planned community located less than one mile west of this property along Morgan Cemetery Road. Developed by LGI Homes, this community features a mix of one- and two-story homes targeted toward first-time buyers and young families, with homes starting in the low $200s. The neighborhood includes walking trails, a community park, and modern amenities, making it a highly desirable residential area fueling demand for nearby commercial services. • 321-Acre Residential Development – Adjacent to the Property Directly adjacent to this site, a massive 321-acre residential project is currently in development, bringing approximately 1,123 new homes to the immediate area. This project, established as a Municipal Utility District (MUD), is designed to support affordable new construction with lot sizes optimized for single-family homes. With anticipated sales of 10–15 homes per month, this subdivision will provide a steady stream of new residents in direct proximity to this commercial site, making it an ideal location for retail, service businesses, and professional offices. • Liberty Estates – 3 Miles Away Situated just 3 miles east near Highway 59, Liberty Estates is a growing subdivision by First America Homes featuring larger lots and move-in-ready new construction homes in the mid-$200s. This community caters to buyers looking for more space while still being close to Cleveland and Splendora, further increasing the area’s overall population growth. • Splendora Fields & The Canopies – 4–5 Miles South Located just a short drive 4–5 miles south on Fostoria Road, Splendora Fields (by First America Homes) and The Canopies (developed by CastleRock Communities and Smith Douglas Homes) are additional large-scale residential developments adding hundreds of new homes to the area. These projects contribute to the region’s transformation from rural acreage to a booming suburban corridor. Commercial Demand & Business Potential With thousands of homes being built in close proximity to this site, there is a rapidly growing demand for commercial services, including grocery stores, dining establishments, retail centers, medical offices, and service-based businesses. Currently, there are limited commercial amenities in the immediate vicinity, meaning businesses that establish themselves early will benefit from a first-mover advantage in serving this new population. Additionally, the 1,200-acre BNSF Rail Logistics Center, located just a few miles south on Fostoria Road, is set to become a major employment hub, bringing industrial jobs, logistics operations, and freight transport traffic to the area. This will not only boost daytime population density but also increase the need for fuel stations, quick-service restaurants, and other commercial conveniences nearby. Why This Site? • Directly adjacent to a major new 1,123-home development • Less than 1 mile from Pinewood Trails (974 homes) • Within 3–5 miles of multiple additional subdivisions • Positioned in a high-traffic area with strong residential growth • Limited existing commercial amenities in the immediate area • Strong investment potential with rising property values With major builders like LGI Homes, First America Homes, CastleRock Communities, and Smith Douglas Homes investing heavily in the area, this site is poised to become a prime commercial hub. Whether for retail, medical, dining, or mixed-use development, this property offers an unparalleled opportunity to capitalize on one of Cleveland’s fastest-growing commercial corridors.
Listing ID: 34806043
Date on Market: 2/12/2025
Last Updated:
Address: 10994 Fostoria Rd, Cleveland, TX 77328
The Land Property at 10994 Fostoria Rd, Cleveland, TX 77328 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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