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    US-59 Lott Rd Victoria, TX 77905

    For Sale
    $924,000

    33.68 Acres, Prime Commercial Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 33.68-acre commercial land parcel presents a unique investment opportunity in Victoria, Texas. Strategically located on US-59 Lott Road, this property boasts significant potential for various commercial ventures. The land is comprised of four parcels (APN 688119, 4301, 4302, and 4306), offering flexibility in development plans. Parcel #688119, situated at the road's entrance, is particularly well-suited for commercial uses such as a convenience store or similar establishment. The property's proximity to the Coleto Creek resort enhances its appeal and potential for attracting customers. A key advantage is the absence of city taxes, making this a financially attractive proposition. Furthermore, the area benefits from readily available community infrastructure, including electricity, water and sewage services, fiber optics, and cable. High-quality drone video and still photographs are available upon request, providing a comprehensive visual representation of the land's features and surroundings. The asking price for this expansive commercial land is $924,000. This property offers a compelling blend of location, size, and infrastructure, making it an ideal investment for discerning buyers seeking a prime commercial development opportunity in a rapidly growing area.

    Property Features for US-59 Lott Rd

    General Information

    Property type
    Land
    Lot Size
    1,467,101 SF

    HighLights

    • Parcel #688119, located at the entrance to Lott Rd, offers potential commercial development opportunities, such as a convenience store.
    • Parcels #4301, #4302, and #4306 are also included in this offering.
    • The combined acreage totals approximately 33.68 acres, situated near Coleto Creek Resort, with the benefit of no city taxes.
    • The property enjoys readily available community infrastructure including electricity, water, sewer, fiber optics, and cable. Priced at $924,000.
    • Drone video and photos are available.
    • Additional photos are available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Hotel & Motel Gym & Fitness Bar & Pub Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Victoria
    County
    Goliad
    State
    Texas
    Longitude
    -97.1791219
    Latitude
    28.7067725

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    FAQs

    What type of property is this?
    Land - 33.68 Acres, Prime Commercial Location
    Where is this land located?
    The property is located at US-59 Lott Rd Victoria, TX.
    What is the asking price?
    The asking price for this property is $924,000.
    What are key features of this property?
    This property features: Parcel #688119, located at the entrance to Lott Rd, offers potential commercial development opportunities, such as a convenience store.; Parcels #4301, #4302, and #4306 are also included in this offering.; The combined acreage totals approximately 33.68 acres, situated near Coleto Creek Resort, with the benefit of no city taxes.
    Request Owner's contact information
    US-59 Lott Rd Victoria, TX 77905
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    Victoria, TX 77905
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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
    US-59 Lott Rd Victoria, TX 77905
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