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    181 & Sunset Cor Hwy Gregory, TX 78359

    For Sale
    $1,200,510

    5.51 Acres Hwy 181 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 5.51-acre commercial land parcel in Gregory, Texas, boasts a prime location at the southwest corner of Highway 181 and Sunset Road. Offering approximately 537 feet of frontage on US Highway 181, 945 feet along Sunset Road, and 1,176 feet along the southwestern property line, this sizable tract presents significant development potential. The property benefits from substantial recent infrastructure improvements, including major upgrades by the Texas Department of Transportation (TXDOT) and electrical enhancements at the nearby Gulf Coast Growth Ventures plant. High traffic counts and excellent visibility ensure strong potential for any commercial venture. Effective drainage along the southwestern boundary simplifies site design. The property's proximity to major industrial facilities near the Port of Corpus Christi's La Quinta Terminal, major highways, and city utilities adds to its appeal. Given the rapidly diminishing Highway 181 frontage, this represents a timely investment opportunity. The possibility of subdividing the land may also be explored if a smaller acreage is desired. The asking price is $1,200,510, and the APN is 56738. This property is zoned for Commercial, Industrial, and Residential uses.

    Property Features for 181 & Sunset Cor Hwy

    General Information

    Property type
    Land
    Lot Size
    240,016 SF

    HighLights

    • $1,200,510 asking price.
    • 5.51‑acre commercial, industrial, and residential land parcel.
    • Located at the SW corner of Hwy 181 & Sunset in Gregory, TX (APN 56738).
    • High‑traffic location with excellent visibility on Hwy 181.
    • Potential for subdivision.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Gregory
    County
    San Patricio
    State
    Texas
    Longitude
    -97.2972419
    Latitude
    27.915795

    Nearby Comparable

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    • $1,200,510
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      Prime Gregory, TX Industrial Land

      5.5 Acres, Hwy 181 Frontage, High Visibility
      181 & Sunset Cor Hwy, Gregory, TX 78359
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    FAQs

    What type of property is this?
    Land - 5.51 Acres Hwy 181 Frontage
    Where is this land located?
    The property is located at 181 & Sunset Cor Hwy Gregory, TX.
    What is the asking price?
    The asking price for this property is $1,200,510.
    What are key features of this property?
    This property features: $1,200,510 asking price.; 5.51-acre commercial, industrial, and residential land parcel.; Located at the SW corner of Hwy 181 & Sunset in Gregory, TX (APN 56738).
    Request Owner's contact information
    181 & Sunset Cor Hwy Gregory, TX 78359
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    Gregory, TX 78359
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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
    181 & Sunset Cor Hwy Gregory, TX 78359
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