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

    1612 & Crk 3767 Gregory, TX 78359

    For Sale
    $2,500,000

    Texas Commercial Land: Exceptional Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 91.68-acre commercial land parcel presents a unique investment opportunity in Portland, Texas. Strategically located near the intersection of CR 1612 and CR 3767, this property boasts 1,201 feet of frontage on CR 1612, directly across from the expansive 1,400-acre ExxonMobil project. Its convenient location offers easy access to Portland's commercial center, schools, and major highways including Hwy-181, Hwy-35, and Hwy-361. Currently used for agriculture, this cleared and leveled rectangular tract (excluding an access easement to CR 3767) is ideally suited for residential development. The property is zoned for commercial use (Zoning 2). Portland, situated in San Patricio County, is experiencing significant growth, fueled by the presence of major industrial plants and a burgeoning population (estimated at 19,453) within the Corpus Christi Metropolitan Statistical Area. The nearby town of Gregory has an estimated population of 1,740. This prime location offers unparalleled potential for investors seeking to capitalize on the region's dynamic economic expansion. The asking price for this remarkable property is $2,500,000.

    Property Features for 1612 & Crk 3767

    General Information

    Property type
    Land
    Lot Size
    3,993,581 SF

    HighLights

    • $2,500,000 asking price.
    • 91.68‑acre commercial land parcel.
    • Located in Portland, TX, San Patricio County, near Gregory, TX.
    • Zoned for commercial use (Zoning code 2).
    • Excellent access to major highways (Hwy‑181, Hwy‑35, Hwy‑361).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Gregory
    County
    San Patricio
    State
    Texas
    Longitude
    -97.32502
    Latitude
    27.9185

    Nearby Comparable

    • $800,000
      10.00 Acres

      Portland Industrial Land - 10 Acres

      Prime Portland location, 10 acres, build-to-suit.
      4735 Wildcat Dr, Portland, TX 78374
      View Details
    • $14,000,000
      96.17 Acres

      Prime Portland Waterfront Land

      96 Acres, Nueces Bay Views
      0 Fm 893, Portland, TX 78374
      View Details
    • $4,703,270
      157.30 Acres

      Portland, TX Land Development Opportunity

      157 Acres, Mixed-Use Potential, Prime Location
      0 Nec Buddy Ganem @ Midway Fka Cr2004/72 & Cr3567/79, Portland, TX 78374
      View Details
    • $800,000
      10.00 Acres

      Portland, TX Commercial Land

      10 acre commercial land tract in Portland, Texas.
      4735 Wildcat Dr, Portland, TX 78374
      View Details

    Nearby Similar for Sale

    • Contact for pricing
      10,640 SF

      Versatile Industrial Warehouse on 2.11 Acres

      Light industrial warehouse on 2.11 acres, excellent regional access.
      202 Texas 35, Gregory, TX
      View Details
    • Contact for pricing
      4,801 SF

      Turnkey Storage Investment Opportunity

      Fully fenced storage facility with income and expansion potential.
      300 N Hwy 35 South Side, Gregory, TX
      View Details
    • $699,900
      2,420 SF

      High-Profile Gregory Office Complex

      Prime location, ample parking, versatile space.
      341 Hwy, Gregory, TX 78359
      View Details
    • $1,200,510
      5.51 Acres

      Prime Gregory, TX Industrial Land

      5.5 Acres, Hwy 181 Frontage, High Visibility
      181 & Sunset Cor Hwy, Gregory, TX 78359
      View Details

    FAQs

    What type of property is this?
    Land - Texas Commercial Land: Exceptional Development Opportunity
    Where is this land located?
    The property is located at 1612 & Crk 3767 Gregory, TX.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: $2,500,000 asking price.; 91.68-acre commercial land parcel.; Located in Portland, TX, San Patricio County, near Gregory, TX.
    (361) 288-3102
    Request Owner's contact information
    1612 & Crk 3767 Gregory, TX 78359
    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.
    1612 & Crk 3767
    Gregory, TX 78359
    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
    1612 & Crk 3767 Gregory, TX 78359
    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.