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    Nec Buddy Ganem @ Midway Fka Cr2004/72 & Cr3567/79 Lot Pt Sw/4 Sec Portland, TX 78374

    For Sale
    $4,703,270

    LAND - Portland, TX

    Lot size:
    157.30 Acres
    Days on Market:
    313
    Last Refresh:
    Dec 14 at 1:06 am

    Property Features for Nec Buddy Ganem @ Midway Fka Cr2004/72 & Cr3567/79 Lot Pt Sw/4 Sec

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    55033, 54787, 55040, 43659, 55049
    Lot size
    157.30 Acres

    Cass Real Estate (361) 643-2662

    Listing agent Shawn Cass (972) 333-3727 License #0326039

    Listing date Feb 5, 2025

    MLS# 412432 Listing URL

    Copyright © 2025 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Land in Portland, Texas

    This 157.3-acre property is located at the corner of Buddy Ganem Drive and Midway Road in Portland, Texas. Situated in Portland's extra territorial jurisdiction, this site is positioned to help meet the area's increasing housing demand. The property is located within the Gregory-Portland Independent School District, near the WC Andrews Elementary School and Early Childhood Center. The site offers 2,640 feet of frontage along both Buddy Ganem Drive and Midway Road. Note that the existing metal building on 2.71 acres is not included in this offering, and only the Surface Estate will convey. The area's economic base is expanding with ExxonMobil, Cheniere, ArcelorMittal, Steel Dynamics Inc, and the Port of Corpus Christi. Portland has recently welcomed businesses such as Chic-fil-a, Auto Zone, Target, and Chipolte, and will soon be home to Olive Garden, Mr Gatti's Pizza Arcade, a new Leisure & Entertainment District, expanded medical facilities, and a new big box store. This property presents an opportunity for residential real estate development in Portland's residential growth corridor.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Portland
    County
    San Patricio
    State
    Texas
    Longitude
    -97.2907
    Latitude
    27.9445

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    FAQs

    What type of property is this?
    Residential land & home lot - 157.3 acres in Portland, TX, ideal for residential development.
    Where is this residential land & home lot located?
    The property is located at Nec Buddy Ganem @ Midway Fka Cr2004/72 & Cr3567/79 Lot Pt Sw/4 Sec Portland, TX.
    What is the asking price?
    The asking price for this property is $4,703,270.
    What are key features of this property?
    This property features: - Large 157.3+/- acre site ideal for residential subdivision development.; - Located in Portland's extra territorial jurisdiction, addressing the area's increasing housing demand.; - High-growth area fueled by major economic expansion from ExxonMobil, Cheniere, ArcelorMittal, Steel Dynamics Inc & the Port of Corpus Christi.
    (972) 333-3727
    Request Owner's contact information
    Nec Buddy Ganem @ Midway Fka Cr2004/72 & Cr3567/79 Lot Pt Sw/4 Sec Portland, TX 78374
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    Nec Buddy Ganem @ Midway Fka Cr2004/72 & Cr3567/79 Lot Pt Sw/4 Sec
    Portland, TX 78374
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

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    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Nec Buddy Ganem @ Midway Fka Cr2004/72 & Cr3567/79 Lot Pt Sw/4 Sec Portland, TX 78374
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