7363 Us Highway 181 Portland, TX 78374
Exceptional investment opportunity in San Patricio County, Texas, presents a unique blend of agricultural, residential, and commercial potential. This expansive 165.45-acre property boasts an impressive 3,044 feet of frontage along US Highway 181 and Union Pacific Railroad, complemented by 2,385 feet of frontage on County Road 3667. The high-traffic location, with a daily count of 11,063 vehicles and a strategically placed stoplight, ensures maximum visibility and accessibility. The property includes a 2,544 square foot home, a 1,360 square foot apartment, a 3,000 square foot barn, a pool, a hot tub, stamped concrete, and landscaped areas. The existing structures are complemented by the property's mixed-use zoning, allowing for diverse development options. This offering represents a rare chance to capitalize on the significant economic growth in the region, fueled by recent $45 billion investments in industrial manufacturing, including major players like ExxonMobil and Savage Gulf Rail. The property's proximity to the Port of Corpus Christi, the nation's leading energy port, further enhances its strategic value. Additional nearby infrastructure improvements, including over $1.2 billion in Texas Department of Transportation projects and over $100 million in new retail development, solidify this property's position as a prime investment. The asking price for this remarkable property is $16,000,000. Built in 2006, the total square footage of improvements is 3,904 square feet. The property's APN numbers are 56559, 56564, and 56605. This sale includes the surface estate only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.