Added: Jan 16, 2024Changed: Oct 15Last Checked: Oct 19 at 4:56AM
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Investment Insights
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This property presents a large-format infill opportunity located at the northeast corner of FM 518 and Lawrence Road in Kemah, Texas. The site consists of 13.35 acres, divided into two parcels of 7.70 acres and 5.65 acres. An additional 2.12 acres may be available between the parcels through a separate broker, creating a potential contiguous assemblage of 16.67 acres. The raw land has two direct access points from FM 518 and is located in Galveston County ETJ with no zoning and a low tax rate jurisdiction within the city of Kemah. The property is suitable for industrial outside storage (IOS), outdoor storage, covered storage, climate-controlled storage, truck parking, fleet staging, contractor yards, equipment laydown, flex warehouse, light industrial, commercial pad sites, retail, multifamily, and mixed-use development. The location is less than 2 minutes from Hwy 146 following its completed expansion, less than 10 miles to Hwy 225, and approximately 12 miles to the Beltway 8 / Hwy 225 junction. It is near Port Houston Barbours Cut & Bayport Container Terminals and adjacent to Kemah Boardwalk. Nearby are NASA/Space Center Houston, South Shore Harbour, Clear Lake Walmart, Target Clear Lake, HEB, Kroger, Baybrook Mall, Methodist, HCA Healthcare, Home Depot, Topgolf, and Hilton. The site is 30 minutes from both Downtown Houston and Galveston. Phase I Environmental Site Assessment and Geotechnical Engineering Report are clean. Floodplain Due Diligence Memorandum and City of Kemah Variance Approvals are available to qualified buyers.
Key Highlights
Strategically positioned 13.35‑acre infill opportunity in the Houston Bay Area submarket.
Excellent location: Less than 2 minutes to the expanded Hwy 146, close to major highways, Port Houston, Kemah Boardwalk, NASA/Space Center Houston, and numerous retail/commercial destinations.
Flexible Use: Suitable for industrial outside storage (IOS), flex warehouse, light industrial, commercial pad sites, retail, multifamily, and mixed‑use development.
Land - Strategically positioned land for industrial, commercial, or mixed-use development.
Where is this land located?
The property is located at 1118 FM Rd 518 East Kemah, TX.
What are key features of this property?
This property features: Strategically positioned 13.35‑acre infill opportunity in the Houston Bay Area submarket.; Excellent location: Less than 2 minutes to the expanded Hwy 146, close to major highways, Port Houston, Kemah Boardwalk, NASA/Space Center Houston, and numerous retail/commercial destinations.; Flexible Use: Suitable for industrial outside storage (IOS), flex warehouse, light industrial, commercial pad sites, retail, multifamily, and mixed‑use development.
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New: 350 Mission StJust listed · $36/SF · 2 min ago