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    Fm Rd 518 League City, TX 77573

    Sponsored
    For Sale
    $1,390,000

    High-traffic corner lot, ready for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This 3.184-acre commercial land parcel in League City, Texas, presents a unique development opportunity. Located on FM Rd 518 East in Galveston County (zip code 77573), this property boasts a highly visible, signalized hard corner location with exceptional traffic flow. Its strategic position is surrounded by Clear Creek High School, residential homes, and other established businesses, ensuring a strong customer base and high visibility. The asking price is $1,390,000. The expansive lot size offers ample space for a variety of commercial ventures. Ideal uses could include, but are not limited to, a coffee shop, kolache shop, car wash, or a combination of complementary businesses. The property's prime location and significant size make it an attractive investment for developers seeking a high-impact commercial project in a thriving community. This is a rare opportunity to acquire a substantial commercial land parcel in a desirable area with excellent potential for growth and return on investment. The property is ready for immediate development.

    Property Features for 0 Fm Rd 518

    General Information

    Property type
    Land
    Lot Size
    138,695 SF

    HighLights

    • Ideal for a variety of uses, including coffee shop, kolache shop, and car wash.
    • Ample space for multiple tenants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    League City
    County
    Galveston
    State
    Texas
    Longitude
    -95.066855068392
    Latitude
    29.524778986888

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, ready for development.
    Where is this land located?
    The property is located at Fm Rd 518 League City, TX.
    What is the asking price?
    The asking price for this property is $1,390,000.
    What are key features of this property?
    This property features: Ideal for a variety of uses, including coffee shop, kolache shop, and car wash.; Ample space for multiple tenants.;
    (409) 789-7871
    Request Owner's contact information
    Fm Rd 518 League City, TX 77573
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    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
    Fm Rd 518 League City, TX 77573
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