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    3 State Hwy Webster, TX 77598

    For Sale
    $2,000,000

    Prime Commercial Land, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This ±4.4-acre commercial and industrial land parcel presents a remarkable development opportunity in Webster, Texas. Strategically located on Highway 3 and Medical Center Boulevard, this vacant tract boasts exceptional visibility and accessibility. The property offers approximately 1550 feet of frontage on Highway 3 (Galveston Road) and approximately 150 feet of frontage on E Commerce Avenue, providing ample space for a variety of commercial ventures. With no restrictions on the land and utilities readily available through the Clear Lake City Water Authority, development is streamlined. High traffic counts are a significant advantage, with approximately 26,440 vehicles per day on Highway 3 and approximately 12,523 vehicles per day on Medical Center Boulevard. The property is zoned C-3, allowing for a wide range of commercial uses. The asking price is $2,000,000, and the property is open to both sale and ground lease options. Located in the Clear Lake ISD school district, this site offers a compelling combination of location, accessibility, and zoning potential for investors seeking a high-impact commercial development project. Access is provided via a private road from East Medical Center Boulevard, with secondary access available on East Commerce Avenue.

    Property Features for 3 State Hwy

    General Information

    Property type
    Land
    Lot Size
    191,664 SF

    HighLights

    • ±4.4‑acre commercial/industrial land parcel in Webster, TX.
    • $2,000,000 asking price; sale or ground lease options available.
    • Utilities available via Clear Lake City Water Authority.
    • Clear Lake ISD.
    • Approx. 1550 ft frontage on Hwy 3 (Galveston Rd) and approx. 150 ft frontage on E Commerce Ave.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Clothing Store Daycare Center Nail Salon Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Webster
    County
    Harris
    State
    Texas
    Longitude
    -95.122719126874
    Latitude
    29.543512940396

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, High Traffic
    Where is this land located?
    The property is located at 3 State Hwy Webster, TX.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: ±4.4-acre commercial/industrial land parcel in Webster, TX.; $2,000,000 asking price; sale or ground lease options available.; Utilities available via Clear Lake City Water Authority.
    Request Owner's contact information
    3 State Hwy Webster, TX 77598
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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
    3 State Hwy Webster, TX 77598
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