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    Nec Marina Bay Drive & Cypress Bay Boulevard League City, TX 77565

    Sponsored
    For Sale
    $2,461,700

    2.8 Acres, General Commercial Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.826-acre commercial land parcel presents a remarkable investment opportunity in the thriving Kemah, Texas market. Located at the entrance of the upscale Cypress Bay subdivision, a 54-lot residential community with homes priced from the mid-$600,000s, this property enjoys unparalleled visibility and accessibility. Its strategic location offers proximity to a wealth of amenities, including the renowned Kemah Boardwalk, over 500,000 square feet of existing office space, the South Shore Harbour Hotel, Conference Center, Marina, and Golf Course, plus numerous restaurants and retail establishments. The property is zoned for General Commercial use, making it ideally suited for a diverse range of developments, such as restaurants, bars, office buildings, or even a hotel. With its substantial size and prime location within a rapidly growing area, this land parcel offers significant potential for substantial returns. The asking price is $2,461,700. The property is situated in Galveston County, Texas, with a zip code of 77565, at the intersection of Marina Bay Drive and Cypress Bay Boulevard in League City. This is a rare opportunity to acquire a large, well-located commercial lot in a high-demand area. Detailed site plans and zoning information are available upon request.

    Property Features for 0 Nec Marina Bay Drive & Cypress Bay Boulevard

    General Information

    Property type
    Land
    Lot Size
    123,101 SF

    HighLights

    • $2,461,700 asking price.
    • Land.
    • 2.826‑acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    League City
    County
    Galveston
    State
    Texas
    Longitude
    -95.0514745
    Latitude
    29.5423459

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    FAQs

    What type of property is this?
    Land - 2.8 Acres, General Commercial Zoning
    Where is this land located?
    The property is located at Nec Marina Bay Drive & Cypress Bay Boulevard League City, TX.
    What is the asking price?
    The asking price for this property is $2,461,700.
    What are key features of this property?
    This property features: $2,461,700 asking price.; Land.; 2.826-acre lot.
    (281) 280-8088
    Request Owner's contact information
    Nec Marina Bay Drive & Cypress Bay Boulevard League City, TX 77565
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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
    Nec Marina Bay Drive & Cypress Bay Boulevard League City, TX 77565
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