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Property profile

2402 Fm 361 Ingleside, TX 78362

OFF-MARKET
Industrial properties
5.5 ac lot Built 1900
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Property summary

AI-generated overview

This exceptional 5.5-acre industrial property is strategically located in the burgeoning industrial corridor between Aransas Pass and Ingleside, Texas. Boasting approximately 550 feet of frontage on FM 361, this trapezoid-shaped lot presents significant development potential. Its high-visibility location offers excellent accessibility and exposure to a substantial volume of traffic. The property's size and shape allow for versatile development options, catering to a wide range of industrial uses. The site's proximity to both Aransas Pass and Ingleside provides easy access to a skilled workforce and established infrastructure. An adjacent corner triangle parcel, also owned by the same entity, is currently under lease but may be available for purchase separately, adding an additional 500 feet of FM 361 frontage. This presents a unique opportunity to acquire a significantly larger contiguous parcel for a comprehensive development project. The asking price for the 5.5-acre lot is $599,000. This represents a compelling investment opportunity in a rapidly growing area with strong economic prospects. Serious inquiries are encouraged to explore this exceptional industrial land offering. Detailed site plans and surveys are available upon request. The property is offered as-is.

Property profile

Verified
Property type Industrial properties
Year built 1900
Lot 5.5 ac (239,580 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2402 Fm 361 Ingleside, TX 78362
Ingleside metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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