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    Fm 3248 Gregory, TX 78359

    For Sale
    Contact for pricing

    246 Acres, Ready for Development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 246-acre commercial land parcel in Gregory, Texas, presents a unique investment opportunity. Strategically located in San Patricio County, near the bustling Port of Corpus Christi, this property boasts significant frontage on both FM Rd 3284 (0.66 miles or 28,911 feet) and County Rd 106 (0.458 miles). The site is conveniently served by existing water and sewer infrastructure, eliminating costly utility extensions. Zoned and entitled for immediate development, this land is ideal for various commercial uses, particularly light industrial projects. The absence of speculative warehouses in the immediate vicinity underscores the property's potential for a unique and impactful development. Given its location within a rapidly expanding $50 billion growth sector, and its proximity to the Gulf Coast Growth Ventures (GCGV) plant – a joint venture between ExxonMobil and SABIC – this site offers unparalleled access to major industrial players and logistical advantages. The seller is open to considering various transaction structures, including outright sale or land lease, and is also willing to explore build-to-suit options for qualified developers. The property is available for sale in its entirety or as divisible parcels, providing flexibility to accommodate diverse development plans. This is a rare opportunity to acquire a large, well-situated commercial land parcel in a high-growth area with excellent infrastructure and access to major industrial partners.

    Property Features for 0 Fm 3248

    General Information

    Property type
    Land
    Lot Size
    10,715,760 SF

    HighLights

    • 246‑acre commercial land parcel in Gregory, Texas, near Port of Corpus Christi.
    • Ready for immediate development; zoned and entitled for various commercial uses, especially light industrial.
    • Located in a rapidly expanding $50 billion growth sector, less than 2 miles from the ExxonMobil/SABIC Gulf Coast Growth Ventures plant.
    • Seller will consider outright sale, land lease, or build‑to‑suit options; property divisible into smaller parcels.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Gregory
    County
    San Patricio
    State
    Texas
    Longitude
    -97.28316
    Latitude
    27.93186

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    FAQs

    What type of property is this?
    Land - 246 Acres, Ready for Development
    Where is this land located?
    The property is located at Fm 3248 Gregory, TX.
    What are key features of this property?
    This property features: 246-acre commercial land parcel in Gregory, Texas, near Port of Corpus Christi.; Ready for immediate development; zoned and entitled for various commercial uses, especially light industrial.; Located in a rapidly expanding $50 billion growth sector, less than 2 miles from the ExxonMobil/SABIC Gulf Coast Growth Ventures plant.
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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
    Fm 3248 Gregory, TX 78359
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