Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Houston St Portland, TX 78374

    For Sale
    $375,000

    21,375 SF Mixed-Use Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 21,375 square foot commercial land parcel, located at the corner of Houston and Fifth Streets in Portland, Texas (78374), presents a unique investment opportunity. Situated in Portland's Old Town 2 Leisure & Entertainment District, this property boasts a prime location with high growth potential. The lot features 150 feet of frontage on Houston Street, leading to the Sunset Lake Hike/Bike trail, and 142.5 feet of frontage on Fifth Street. Additional boundaries include 150 feet along an abandoned 15-foot alley and a shared 142.5-foot border with the adjacent property to the south. The property is fully fenced with two entry gates and a wide concrete entry on Houston Street. Zoned for mixed use, this versatile lot allows for a wide range of development possibilities, capitalizing on Portland's thriving tourism and future growth. The area shows strong indicators of success, with recent sales, new businesses, and new construction of retail and restaurant centers. The property's APN is 72281. The asking price is $375,000. Don't miss this chance to be part of Portland's vibrant future.

    Property Features for 0 Houston St

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Portland
    County
    San Patricio
    State
    Texas
    Longitude
    -97.3239777
    Latitude
    27.8739566

    Nearby Similar for Sale

    • $265,000
      1,080 SF

      Portland Drive-Through Restaurant Opportunity

      High-visibility drive-through restaurant in Portland's Leisure & Entertainment District.
      714 Dallas St, Portland, TX 78374
      View Details
    • $600,000
      1,575 SF

      Highway Frontage Investment Opportunity

      High-visibility commercial property in Portland's Leisure & Entertainment District.
      902 Us Highway 181, Portland, TX 78374
      View Details
    • $540,000
      4,112 SF

      Updated Multifamily Investment Opportunity

      Updated multifamily property in Portland, TX with spacious floor plans.
      1410 Moore Ave, Portland, TX 78374
      View Details
    • $122,500
      1,296 SF

      Established RV Park Investment Opportunity

      RV park with potential for income generation in Portland, TX.
      140 Doyle Dr, Portland, TX 78374
      View Details
    • $950,000
      5,500 SF

      Portland, TX Retail/Office Property

      Retail/office property with two suites available and ample parking.
      1605 Us Hwy, Portland, TX 78374
      View Details
    • $235,000
      1,616 SF

      Updated Townhome Near Nueces Bay

      Charming 3-bedroom townhome with updates near Corpus Christi Bay.
      830 Cliff Dr, Portland, TX 78374
      View Details

    FAQs

    What type of property is this?
    Land - 21,375 SF Mixed-Use Lot
    Where is this land located?
    The property is located at Houston St Portland, TX.
    What is the asking price?
    The asking price for this property is $375,000.
    Request Owner's contact information
    Houston St Portland, TX 78374
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Houston St
    Portland, TX 78374
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Houston St Portland, TX 78374
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.