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    35 And Fm 523 Alvin, TX 77515

    For Sale
    Contact for pricing

    47 acres, ideal for residential or mixed-use development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 47.13-acre tract presents a unique investment opportunity in Brazoria County, Texas. Strategically located at the intersection of SH 35 and FM 523 in Angleton, this property boasts significant highway frontage: approximately 1,110 feet on SH 35 and 840 feet on FM 523. High traffic counts are a key advantage, with SH 35 seeing 10,600 vehicles per day and the SH 35 Bypass (FM 523) recording 5,700 vehicles per day. The property's zoning allows for residential or mixed-use development, making it highly versatile. Convenient ingress and egress are provided from both SH 35 and FM 523. Further enhancing its appeal, the land is situated outside the 100 and 500-year floodplains, minimizing risk. A portion of the property falls within the City of Angleton's extraterritorial jurisdiction (ETJ). Currently benefiting from an agricultural tax exemption, this property offers significant long-term value. The property is served by the Angleton Independent School District and enjoys quick access to US 288, providing easy connectivity to major transportation arteries. This is a rare opportunity to acquire a substantial parcel of land in a rapidly growing area with excellent development potential.

    Property Features for 35 And Fm 523

    General Information

    Property type
    Farms
    Lot Size
    2,052,983 SF

    HighLights

    • 47.133‑acre site.
    • 1,110 feet of frontage on SH 35.
    • 840 feet of frontage on FM 523.
    • Situated at the intersection of SH 35 and FM 523.
    • SH 35 (E. Mulberry St.) boasts 10,600 vehicles per day.
    • FM 523 (SH 35 Bypass) sees 5,700 vehicles per day.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Alvin
    County
    Brazoria
    State
    Texas
    Longitude
    -95.3949522
    Latitude
    29.202818

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    FAQs

    What type of property is this?
    Farm - 47 acres, ideal for residential or mixed-use development.
    Where is this farm located?
    The property is located at 35 And Fm 523 Alvin, TX.
    What are key features of this property?
    This property features: 47.133-acre site.; 1,110 feet of frontage on SH 35.; 840 feet of frontage on FM 523.
    Request Owner's contact information
    35 And Fm 523 Alvin, TX 77515
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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
    35 And Fm 523 Alvin, TX 77515
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