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    Shore Dr Port Isabel, TX 78578

    Sponsored
    For Sale
    $2,190,000

    39,000 sq ft, Intracoastal access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 39,000 square foot waterfront property in Port Isabel, Texas, boasts 300 feet of direct frontage on the Intracoastal Waterway. Located on South Shore Drive, this land offers unparalleled access to the Gulf of Mexico, Brownsville Ship Channel, and the Jetties in South Padre Island. Its prime location within an Opportunity Zone presents significant investment potential, further enhanced by proximity to SpaceX, LNG plants, and the expanding Port of Brownsville. The property's RES zoning allows for both commercial and residential development. Recent comparable sales in the area show values of $350,000 per 50-foot lot. The deep-water access is ideal for vessels traveling to Mexico, Central America, or points north and east along the Gulf Intracoastal Waterway, which extends from Brownsville to Florida. The property's barrier island location provides excellent protection. This offering includes the possibility of seller financing. Lots 14-19 are available for purchase together or individually. The asking price is $2,190,000.

    Property Features for 0 Shore Dr

    General Information

    Property type
    Land

    HighLights

    • Gulf Intracoastal Waterway deepwater frontage.
    • Qualified Opportunity Zone designation.
    • Proximity to Brownsville Ship Channel.
    • Seller financing may be available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Port Isabel
    County
    Cameron
    State
    Texas
    Longitude
    -97.2105695
    Latitude
    26.0723154

    Nearby Comparable

    • $3,285,000

      Port Isabel Waterfront Land

      Prime Deep Water Commercial/Residential Land
      0 Shore Dr, Port Isabel, TX 78578
      View Details
    • New
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      Port Isabel 5-Plex Investment

      Fully occupied 5-plex near South Padre Island beaches.
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    • $2,190,000

      Waterfront Commercial Lots in Port Isabel

      Waterfront property on Intracoastal Waterway, ideal for development.
      Shore Dr South, Port Isabel, TX 78578
      View Details
    • $3,285,000

      Waterfront Lots on Intracoastal Waterway

      Waterfront property ideal for commercial or residential development in Port Isabel.
      Shore Dr South, Port Isabel, TX 78578
      View Details

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    FAQs

    What type of property is this?
    Land - 39,000 sq ft, Intracoastal access
    Where is this land located?
    The property is located at Shore Dr Port Isabel, TX.
    What is the asking price?
    The asking price for this property is $2,190,000.
    What are key features of this property?
    This property features: Gulf Intracoastal Waterway deepwater frontage.; Qualified Opportunity Zone designation.; Proximity to Brownsville Ship Channel.
    Request Owner's contact information
    Shore Dr Port Isabel, TX 78578
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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
    Shore Dr Port Isabel, TX 78578
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