Listing Agency: Zann Commercial Brokerage, Inc.

Listed By: Jason Kieschnick · License #TX 512911 Show Phone

Source: Crexi

Added: Jul 16, 2021 Changed: Aug 8 Last Checked: Jul 26 at 5:05AM

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Investment Insights

Based on property information with market context.

This 4.6893-acre development site is cleared, elevated, and equipped with all utilities. Zoned for multi-family use, a rare classification for the city and surrounding areas, the property is located just south of the Gulf Freeway (Interstate 45) and Emmett F Lowry Expressway split. It is in close proximity to the College of the Mainland, Mainland Hospital, and Lago Mar, a 2,033-acre master-planned development by Land Tejas.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Spa & Massage Center Hair Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

251

Businesses Nearby

Explore this area Business Placement

Demographics for 77591, TX

17,347

Population

7,465

Households

2.3

Avg Household Size

36

Median Age

25%

College-Educated

90%

High-School Grad

10.3 sq mi

ZIP Area

1,684

Density / Sq Mi

$66,010

Median Household Income

$39,219

Median Earnings

$1,226

Median Rent

$204,900

Median Home Value

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - 4.68-acre multi-family development site with utilities near Gulf Freeway.

Where is this residential land & home lot located?

The property is located at 8701 Monticello Dr Texas City, TX.

What is the asking price?

The asking price for this property is $864,000.