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Corner Development Land Opportunity
For Sale
$1,100,000

5500 39th St, Groves, TX 77619

Highly visible corner land parcel at the intersection of Hwy 73 and 39th Street.

Property SizeContact for details
Days on Market147

Property Features for 5500 39th St

General Information

Standard status Active

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: Lange Realty Group -- 9014834
Listed By: Heather Lange · License #9014834
Source: Exprealty
Added: Apr 6 Changed: Aug 25 Last Checked: Aug 29 at 11:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lange Realty Group -- 9014834

Investment Insights

Based on property information with market context.

This is a for-sale commercial land parcel positioned on a highly visible corner at the intersection of Hwy 73 and 39th Street. The property is described as versatile for multiple development directions, including retail, office, and apartments, and—per current zoning—a senior living community or an RV park.

A concept survey and a current survey are available on file. The existing structures are stated to hold no value, and abatement testing has been completed with demolition bids already in place. Existing documentation is intended to help reduce early development steps and timing.

The owner is described as motivated and open to offers, including willingness to carry a second lien with flexible terms.

Key Highlights

  • Highly visible corner land parcel at the intersection of Hwy 73 and 39th Street
  • Current zoning allows for multiple uses including retail, office, apartments, a senior living community, and an RV park
  • Concept survey and current survey are available on file

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office Skin Care Clinic Kitchen & Bath Showroom

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

424
Businesses Nearby

Demographics for 77619, TX

17,349
Population
6,885
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
87%
High-School Grad
5.4 sq mi
ZIP Area
3,213
Density / Sq Mi
$70,485
Median Household Income
$43,314
Median Earnings
$1,247
Median Rent
$153,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Highly visible corner land parcel at the intersection of Hwy 73 and 39th Street.
Where is this commercial land located?
The property is located at 5500 39th St Groves, TX.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Highly visible corner land parcel at the intersection of Hwy 73 and 39th Street; Current zoning allows for multiple uses including retail, office, apartments, a senior living community, and an RV park; Concept survey and current survey are available on file
More about this property
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