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    Nwc Marina Bay Drive & Cypress Bay Boulevard League City, TX 77565

    Sponsored
    For Sale
    $3,908,340

    4.486-acre commercial lot, ideal location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.486-acre commercial land parcel presents a unique investment opportunity in the thriving Kemah, Texas market. Located at the Northwest corner of Marina Bay Drive and Cypress Bay Boulevard, this property enjoys a highly visible position at the entrance to the upscale Cypress Bay residential subdivision, a development boasting 54 lots with homes priced from the mid-$600,000s. The strategic location offers unparalleled access to a significant consumer base. The property's proximity to key attractions further enhances its appeal. It's just minutes from the renowned Kemah Boardwalk, over 500,000 square feet of existing office space, the South Shore Harbour Hotel, Conference Center, Marina, and Golf Course, as well as a diverse array of restaurants and retail establishments. Zoned for General Commercial use, this site is perfectly suited for a variety of developments, including restaurants, bars, office buildings, or even a hotel. The asking price is $3,908,340. This prime location and versatile zoning make this a compelling investment opportunity with significant potential for future growth and return. The property is situated in Galveston County, Texas, with a zip code of 77565.

    Property Features for 0 Nwc Marina Bay Drive & Cypress Bay Boulevard

    General Information

    Property type
    Land
    Lot Size
    195,410 SF

    HighLights

    • $3,908,340 asking price.
    • Land property.
    • 4.486‑acre lot size.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    League City
    County
    Galveston
    State
    Texas
    Longitude
    -95.0234472
    Latitude
    29.5378595

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    FAQs

    What type of property is this?
    Land - 4.486-acre commercial lot, ideal location.
    Where is this land located?
    The property is located at Nwc Marina Bay Drive & Cypress Bay Boulevard League City, TX.
    What is the asking price?
    The asking price for this property is $3,908,340.
    What are key features of this property?
    This property features: $3,908,340 asking price.; Land property.; 4.486-acre lot size.
    (281) 280-8088
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    Nwc Marina Bay Drive & Cypress Bay Boulevard League City, TX 77565
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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
    Nwc Marina Bay Drive & Cypress Bay Boulevard League City, TX 77565
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