10 & Fm 3246 Cove, TX 77523
This exceptional 14-acre commercial land parcel presents a unique investment opportunity in Chambers County, Texas. Strategically located at the hard corner of I-10 East and FM 3246, this unrestricted property boasts approximately 1600 feet of frontage on the I-10 Eastbound feeder road and 646 feet on FM 3246, ensuring high visibility and accessibility. The site offers convenient access to I-10 and FM 565 South, placing businesses within easy reach of the Mont Belvieu/Baytown industrial district and major employers such as Chevron/Phillips, Enterprise Products, Exxon/Mobil, and Bayer. Utilities are readily available through Aqua Texas. The property's location adjacent to a TX-Dot drainage ditch simplifies drainage solutions. Situated approximately two miles east of Mont Belvieu in an unincorporated area, this land benefits from low taxes and minimal government regulations. The area is experiencing significant growth, making this a prime location for businesses seeking convenient freeway access, high traffic volume, and a rapidly developing market. The asking price is $2,744,000, with a land value of $4.50 per square foot.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.