Highway 3 Texas City, TX 77590

Listing office KW Commercial Houston Clear Lake c***@kwcommercial.com Show Phone

Listing date May 20, 2020

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Investment Insights

Based on property information with market context.

This 1.7-acre corner waterfront lot is part of a larger 8.99-acre area, which includes two additional commercial corners of 1.95 acres and 5.34 acres. The property is situated on the future Central Park Parkway, which will connect I-45 to Highway 3. The lots can be purchased individually or collectively. The site is ready for immediate commercial development, and does not require detention or fill dirt. Located at the Highway 3 entrance of the new Marlow Lake neighborhood development, the property is expected to experience a significant increase in traffic. According to TXDOT, the Central Parkway development is slated for completion in the next 18 months. The price is subject to increase as the subdivision is completed and the Central Parkway development progresses. The location is suitable for a waterfront restaurant.

Key Highlights

• 1. 7 acre corner waterfront lot with potential for immediate commercial development.
• Located at the Hwy 3 entrance of the new Marlow Lake neighborhood, promising high traffic.
• Part of a larger 8.99 acre assemblage of 3 commercial corners, offering flexible purchase options.

Property Analytics

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FAQs

What type of property is this?

Waterfront Land - 1.7 acre waterfront commercial lot ready for development.

Where is this waterfront land located?

The property is located at Highway 3 Texas City, TX.

What is the asking price?

The asking price for this property is $1,110,780.

What are key features of this property?

This property features: 1. 7 acre corner waterfront lot with potential for immediate commercial development.; Located at the Hwy 3 entrance of the new Marlow Lake neighborhood, promising high traffic.; Part of a larger 8.99 acre assemblage of 3 commercial corners, offering flexible purchase options.