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    51 & Sh 288 Alvin, TX 77534

    For Sale
    $1,306,800

    High-growth area, 5 acres, prime location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 5-acre commercial land parcel is strategically located at the intersection of Highway 288 and County Road 51 in Rosharon, Texas, zip code 77534, Brazoria County. Priced at $1,306,800 ($261,360/acre), this property presents a significant investment opportunity. Situated approximately two miles south of FM 1462, the land benefits from its high-visibility position at a major intersection, further enhanced by a planned Texas Department of Transportation overpass. The property's location offers easy access to a growing residential community, including nearby Pradera Oaks Home and upcoming subdivisions, ensuring a robust customer base for commercial ventures. This site is ideal for a variety of commercial uses, such as convenience stores or other businesses seeking high traffic exposure. The listing includes 5 acres, but additional land may be available to accommodate larger projects. The property's APN is 155146. This is a rare opportunity to acquire land in a rapidly developing area with significant long-term growth potential. The submarket is classified as CG - Angleton/Lake Jackson.

    Property Features for 51 & Sh 288

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • Asking Price: $6.00 per square foot
    • Submarket: Angleton/Lake Jackson
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Alvin
    County
    Brazoria
    State
    Texas
    Longitude
    -95.2893433
    Latitude
    29.197569

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    FAQs

    What type of property is this?
    Land - High-growth area, 5 acres, prime location
    Where is this land located?
    The property is located at 51 & Sh 288 Alvin, TX.
    What is the asking price?
    The asking price for this property is $1,306,800.
    What are key features of this property?
    This property features: Asking Price: $6.00 per square foot; Submarket: Angleton/Lake Jackson;
    Request Owner's contact information
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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
    51 & Sh 288 Alvin, TX 77534
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