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999 Tx-359 Mathis, TX 78368

Sponsored
For Sale
$3,036,500

Highway 359 Commercial/Residential Tract

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional 121.46-acre property in Mathis, Texas, presents a remarkable investment opportunity. Strategically located on Highway 359, this land boasts easy access to major corridors (I-37, 77, 359, and 666), placing it within reach of Corpus Christi and San Antonio. With an average daily traffic count of 10,000 vehicles, this location offers unparalleled visibility and accessibility. The property is comprised of two sections: a 100-acre tract and a 21.46-acre tract, the latter already platted for residential development with multiple layout options available. The land is suitable for both commercial and residential zoning, offering flexibility for various development projects. A portion of the acreage already has access to electricity and water. Comprehensive environmental and housing studies are complete, streamlining the development process. The area is experiencing significant growth, fueled by expansions from major companies like HEB and IHOP, the influx of industrial businesses, and substantial investments from Exxon/Tesla/STI and the 40-billion-dollar Oxy/DAC project. The city's proximity to Lake Corpus Christi further enhances its appeal. Surveys for both properties are complete, and city, economic development corporation, and county entities are supportive of development. This property offers a unique blend of location, infrastructure, and growth potential, making it an ideal investment for discerning buyers. The asking price is $3,036,500. The APN is 51716.

Property Features for 999 Tx-359

General Information

Property type
Multifamily properties
Lot Size
5,290,798 SF

HighLights

  • 121.46‑acre property in Mathis, Texas, with highway frontage on Highway 359.
  • Excellent access to major corridors (I‑37, 77, 359, and 666), near Corpus Christi and San Antonio.
  • High daily traffic count (10,000 vehicles) provides exceptional visibility.
  • Comprises two tracts: a 100‑acre tract and a 21.46‑acre platted tract ready for residential development.
  • Zoned for commercial and residential use, offering development flexibility.
  • Utilities (water and electricity) readily available.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Mathis
County
San Patricio
State
Texas
Longitude
-97.8275002
Latitude
28.074665

FAQs

What type of property is this?
Multifamily property - Highway 359 Commercial/Residential Tract
Where is this multifamily property located?
The property is located at 999 Tx-359 Mathis, TX.
What is the asking price?
The asking price for this property is $3,036,500.
What are key features of this property?
This property features: 121.46-acre property in Mathis, Texas, with highway frontage on Highway 359.; Excellent access to major corridors (I-37, 77, 359, and 666), near Corpus Christi and San Antonio.; High daily traffic count (10,000 vehicles) provides exceptional visibility.
More about this property
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