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    Tx-96 League City, TX 77565

    For Sale
    $3,988,354

    7.63 Acres, High-Traffic Location, Texas

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 7.63-acre commercial land parcel presents a prime investment opportunity in League City, Texas. Strategically located on Hwy 96, near the intersection of East League City Parkway, this triangular tract boasts approximately 1,347 linear feet of highway frontage, offering unparalleled visibility and accessibility. The property's dimensions are approximately 544 feet wide on one side, 1,347 feet along Hwy 96, and 1,243 feet on the remaining side, totaling 332,363 square feet. Situated across from Mar Bella communities and adjacent to Kemah Crossings, this site benefits from high traffic counts and a strong surrounding residential base. A traffic signal is conveniently located at the corner, enhancing visibility and ease of access. While currently undeveloped, the land is suitable for a variety of commercial uses, including retail and mixed-use retail developments, subject to necessary approvals. The property is divisible. Utilities are planned by WCID #12, with water and sewer services provided upon annexation to the district. Electricity is available through CenterPoint Energy and/or Texas-New Mexico Power, and gas is provided by CenterPoint Energy. The asking price is negotiable, with an initial asking price of $3,988,354. Development plans may require a detention pond and approval from the Texas Department of Transportation for Hwy 96 access. The zoning is currently not specified.

    Property Features for 0 Tx-96

    General Information

    Property type
    Land
    Lot Size
    332,363 SF

    HighLights

    • Large undeveloped land tract suitable for multiple commercial uses.
    • Multifamily development potential, subject to approvals.
    • Detention pond required.
    • Highway 96 access contingent upon TXDoT approval.
    • Retail and mixed‑use retail development preferred.
    • Utilities available: CenterPoint Energy (gas & electricity), WCID #12 (water & sewer upon annexation).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    League City
    County
    Galveston
    State
    Texas
    Longitude
    -95.0546823
    Latitude
    29.4985895

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    FAQs

    What type of property is this?
    Land - 7.63 Acres, High-Traffic Location, Texas
    Where is this land located?
    The property is located at Tx-96 League City, TX.
    What is the asking price?
    The asking price for this property is $3,988,354.
    What are key features of this property?
    This property features: Large undeveloped land tract suitable for multiple commercial uses.; Multifamily development potential, subject to approvals.; Detention pond required.
    (713) 570-6243
    Request Owner's contact information
    Tx-96 League City, TX 77565
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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
    Tx-96 League City, TX 77565
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