Listing Agency: Prime Real Estate

Listed By: Hannah Poe · License #0728740 Show Phone

Source: Crexi

Added: Sep 17, 2023 Changed: Oct 18 Last Checked: Oct 20 at 9:21PM

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Investment Insights

Based on property information with market context.

This property presents a development opportunity within Portland city limits. It is located a short distance from ExxonMobil/SABIC Gulf Coast Growth Ventures and near the city’s newest elementary school. Lang Road is currently undergoing expansion to four lanes to accommodate local expansion and increased traffic. The property is also located near the upcoming "Portland Town Center," a $100 million project anchored by a Target store, with an expected opening in 2024.

Property Analytics

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Location Intelligence

Trade Area within ½ mile

607

Businesses Nearby

Explore this area Business Placement

Demographics for 78374, TX

20,281

Population

8,426

Households

2.4

Avg Household Size

35

Median Age

25%

College-Educated

92%

High-School Grad

18.6 sq mi

ZIP Area

1,090

Density / Sq Mi

$81,580

Median Household Income

$43,110

Median Earnings

$1,492

Median Rent

$225,800

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - Land for development near ExxonMobil and Portland Town Center.

Where is this commercial land located?

The property is located at Lang Rd Portland, TX.

What is the asking price?

The asking price for this property is $502,024.