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    10 & Fm 3246 Cove, TX 77523

    For Sale
    $2,744,000

    14 Acres, High-Traffic Location, I-10 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 14-acre commercial land parcel presents a unique investment opportunity in Chambers County, Texas. Strategically located at the hard corner of I-10 East and FM 3246, this unrestricted property boasts approximately 1600 feet of frontage on the I-10 Eastbound feeder road and 646 feet on FM 3246, ensuring high visibility and accessibility. The site offers convenient access to I-10 and FM 565 South, placing businesses within easy reach of the Mont Belvieu/Baytown industrial district and major employers such as Chevron/Phillips, Enterprise Products, Exxon/Mobil, and Bayer. Utilities are readily available through Aqua Texas. The property's location adjacent to a TX-Dot drainage ditch simplifies drainage solutions. Situated approximately two miles east of Mont Belvieu in an unincorporated area, this land benefits from low taxes and minimal government regulations. The area is experiencing significant growth, making this a prime location for businesses seeking convenient freeway access, high traffic volume, and a rapidly developing market. The asking price is $2,744,000, with a land value of $4.50 per square foot.

    Property Features for 10 & Fm 3246

    General Information

    Property type
    Land
    Lot Size
    609,840 SF

    HighLights

    • 14‑acre corner lot at FM 3246 and I‑10.
    • High‑visibility location with excellent freeway access.
    • Located in a rapidly expanding market.
    • High traffic counts.
    • All utilities available; no zoning restrictions.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cove
    County
    Chambers
    State
    Texas
    Longitude
    -94.813810635114
    Latitude
    29.828269786983

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      Mont Belvieu Commercial Land Investment

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    FAQs

    What type of property is this?
    Land - 14 Acres, High-Traffic Location, I-10 Access
    Where is this land located?
    The property is located at 10 & Fm 3246 Cove, TX.
    What is the asking price?
    The asking price for this property is $2,744,000.
    What are key features of this property?
    This property features: 14-acre corner lot at FM 3246 and I-10.; High-visibility location with excellent freeway access.; Located in a rapidly expanding market.
    Request Owner's contact information
    10 & Fm 3246 Cove, TX 77523
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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
    10 & Fm 3246 Cove, TX 77523
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