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    Casko Rd Freeport, TX 77541

    For Sale
    $4,300,000

    13.48 Acres, Mixed-Use Development Opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 13.48-acre property in Freeport, Texas, boasts prime Intracoastal Waterway frontage. Located on Casko Rd, in Brazoria County, zip code 77541 (28.956163, -95.298195), this mixed-use land presents a unique investment opportunity. Its strategic location offers easy access to the Gulf of Mexico via the Freeport Jetties and the Port of Freeport's turn basin. The property's versatility allows for diverse development options, including residential construction or redevelopment into a marina, mirroring its past use. Surrounding the property are various businesses and amenities, including industrial facilities, marinas, restaurants, bait camps, and residential areas, creating a vibrant and established community. The asking price is $4,300,000. Historical photos showcase the property's previous use as a marina, illustrating its potential for future development. This is a rare chance to acquire a significant waterfront parcel with substantial redevelopment potential in a thriving Texas coastal community. The property's size and location make it ideal for a variety of projects, catering to both commercial and residential interests. Consider the possibilities and envision the future of this remarkable waterfront property.

    Property Features for 0 Casko Rd

    General Information

    Property type
    Mixed-use properties
    Lot Size
    587,189 SF

    HighLights

    • 13.48‑acre mixed‑use waterfront property in Freeport, TX.
    • Prime Intracoastal Waterway frontage on Casko Rd, Brazoria County, 77541.
    • $4,300,000 asking price.
    • Easy Gulf of Mexico access via Freeport Jetties and Port of Freeport.
    • Versatile development potential, including residential or marina redevelopment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Freeport
    County
    Brazoria
    State
    Texas
    Longitude
    -95.298195
    Latitude
    28.956163

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    FAQs

    What type of property is this?
    Mixed-use property - 13.48 Acres, Mixed-Use Development Opportunity.
    Where is this mixed-use property located?
    The property is located at Casko Rd Freeport, TX.
    What is the asking price?
    The asking price for this property is $4,300,000.
    What are key features of this property?
    This property features: 13.48-acre mixed-use waterfront property in Freeport, TX.; Prime Intracoastal Waterway frontage on Casko Rd, Brazoria County, 77541.; $4,300,000 asking price.
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    Casko Rd Freeport, TX 77541
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    Freeport, TX 77541
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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
    Casko Rd Freeport, TX 77541
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