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    5766 Gulf Fwy La Marque, TX 77568

    For Sale
    Contact for pricing

    67 Acres, I-45 & FM 2004 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 67.16-acre commercial land parcel presents a remarkable development opportunity in Galveston County, Texas. Strategically located at the intersection of I-45 and FM 2004 in La Marque (zip code 77568), this property boasts significant frontage along both major thoroughfares: 3273 linear feet along southbound I-45 and 2416 linear feet along FM 2004, according to Galveston County Appraisal District records. A survey is available for review. Utilities are readily accessible on-site, and the potential for participation in a Tax Increment Reinvestment Zone (TIRZ) exists, depending on the proposed development. The site's prime location is further enhanced by its proximity to a newly redeveloped concert venue (former Greyhound Race Track) featuring national brand restaurants and retail, a thriving retail corridor on FM 1764 with ongoing development, and a major Amazon distribution center. Nearby amenities include the Lago Mar subdivision, Lago Mar Lagoon, Walmart, Sam's Club, various restaurants and banks, Emmett Lowery Expressway, Mainland College, Mainland City Centre, and Worlds Gym. The property's versatility allows for a wide range of development scenarios, from a large anchor tenant with numerous pad sites to a mixed-use town center incorporating residential, office, retail, restaurants, hotels, a grocery store, a cinema, and potentially even municipal buildings. Easy access is provided via the I-45 and FM 2004 intersection

    Property Features for 5766 Gulf Fwy

    General Information

    Property type
    Land
    Lot Size
    2,925,490 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    La Marque
    County
    Galveston
    State
    Texas
    Longitude
    -95.0272557
    Latitude
    29.39588

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    FAQs

    What type of property is this?
    Land - 67 Acres, I-45 & FM 2004 Frontage
    Where is this land located?
    The property is located at 5766 Gulf Fwy La Marque, TX.
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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
    5766 Gulf Fwy La Marque, TX 77568
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