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    Hobbs Rd League City, TX 77573

    Sponsored
    For Sale
    $1,362,339

    4.17 Acres, Prime Location, High Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 4.17-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of League City, Texas. Located conveniently near the Gulf Freeway and adjacent to established businesses like Cracker Barrel, this property boasts a highly desirable location with excellent visibility and accessibility. Zoned for General Commercial use, the possibilities are vast, allowing for the development of a diverse range of businesses, including restaurants, retail centers, or professional office spaces. The existing structures on the site are slated for demolition, providing a clean slate for your vision. The land is priced competitively at $7.50 per square foot, representing a strong value proposition in this sought-after area. The property's APN is 1935-0000-0014-002, and it is held under family ownership. With its strategic location, ample acreage, and flexible zoning, this property is poised for significant growth and return on investment. This is a rare chance to acquire a prime commercial site in a rapidly expanding market. Don't miss this opportunity to secure a piece of League City's vibrant commercial landscape. The property is situated in Galveston County, Texas, with a zip code of 77573. The coordinates are 29.4732635 latitude and -95.1152611 longitude.

    Property Features for 0 Hobbs Rd

    General Information

    Property type
    Land
    Lot Size
    181,645 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    League City
    County
    Galveston
    State
    Texas
    Longitude
    -95.1152611
    Latitude
    29.4732635

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    FAQs

    What type of property is this?
    Land - 4.17 Acres, Prime Location, High Potential
    Where is this land located?
    The property is located at Hobbs Rd League City, TX.
    What is the asking price?
    The asking price for this property is $1,362,339.
    Request Owner's contact information
    Hobbs Rd League City, TX 77573
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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
    Hobbs Rd League City, TX 77573
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