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    Reliant Dr Portland, TX 78374

    For Sale
    $12,000,000

    63 Acres, Hwy 181 Access, Divisible

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional investment opportunity presents two tracts of land totaling approximately 63 acres, ideally situated in Portland, Texas. The property offers significant development potential, boasting convenient access to major roadways. Tract 1, encompassing roughly 23 acres, is part of Section P Paul Subdivision CFP and benefits from access via Wildcat Drive. Tract 2, comprising approximately 40 acres, is also situated within Section P Paul Subdivision CFP (Tracts A, B, C, D) and enjoys direct access to Highway 181, further enhanced by its boundary with Buddy Ganem Drive. The seller is open to dividing the property, providing flexibility for various development scenarios. This expansive land parcel presents a rare chance to acquire a substantial holding in a strategic location. The combined acreage offers ample space for a wide range of commercial projects, from large-scale office developments to mixed-use complexes. Given its size and accessibility, this property represents a compelling investment opportunity with significant long-term growth potential. The location provides easy access to major transportation routes, ensuring convenient commutes and efficient logistics. The flexible ownership options make this a highly attractive proposition for both individual and corporate investors seeking a substantial land acquisition in a thriving Texas market. The asking price for this remarkable property is $12,000,000.

    Property Features for Reliant Dr

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    1,740,222 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Portland
    County
    San Patricio
    State
    Texas
    Longitude
    -97.30956
    Latitude
    27.89902

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    FAQs

    What type of property is this?
    Office Property / Space - 63 Acres, Hwy 181 Access, Divisible
    Where is this office property / space located?
    The property is located at Reliant Dr Portland, TX.
    What is the asking price?
    The asking price for this property is $12,000,000.
    (361) 854-4448
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    Reliant Dr 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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    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
    Reliant Dr Portland, TX 78374
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