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    114 Lang Rd Portland, TX 78374

    For Sale
    $475,000

    2.08 Acres, $475,000 - Ideal Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2.08-acre commercial land parcel presents a unique investment opportunity in Portland, Texas. Located at 114 Lang Rd, this property boasts a highly desirable commercial zoning designation, making it suitable for a wide range of development projects. The asking price is $475,000, translating to a price per square foot of $5.24. Its strategic location offers unparalleled access to major transportation arteries, including IH-37, SH-35, SH-181, SH-188, and IH-69/US 77, ensuring seamless connectivity throughout the region. The property's proximity to a variety of amenities further enhances its appeal. Businesses will find themselves conveniently close to numerous restaurants, industrial business parks, retail establishments, and the Corpus Christi Harbor Bridge and International Airport. This prime location offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strategic foothold in a thriving market. The expansive lot size provides ample space for development, allowing for flexibility in design and functionality. This is a rare opportunity to acquire a significant commercial land parcel in a rapidly growing area with exceptional infrastructure and access. Don't miss this chance to secure a valuable asset in a prime location.

    Property Features for 114 Lang Rd

    General Information

    Property type
    Land
    Lot Size
    90,605 SF

    HighLights

    • Sale Price: $475,000
    • Lot Size: 2.08 Acres
    • Commercial Zoning
    • Price per Square Foot: $5.24
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Humpal Physical Therapy Physical Therapist South Texas Bone ... Sports Medicine Clinic

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    San Patricio
    State
    Texas
    Longitude
    -97.316886
    Latitude
    27.8880972

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    FAQs

    What type of property is this?
    Land - 2.08 Acres, $475,000 - Ideal Location
    Where is this land located?
    The property is located at 114 Lang Rd Portland, TX.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: Sale Price: $475,000; Lot Size: 2.08 Acres; Commercial Zoning
    Request Owner's contact information
    114 Lang Rd Portland, TX 78374
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    Portland, TX 78374
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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
    114 Lang Rd Portland, TX 78374
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