Lang/Akins Dr Portland, TX 78374
- Land
- 126,324 SF
- 2.90 lot acres
Current Use by Public Records
- Land
Property Details for 0 Lang/Akins Dr
- Lot size
- 2.90 lot acres
- Property size
- 126,324 SF
- Property type
- Land
Description
This exceptional 2.9-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Portland, Texas. Located at 0 Lang/Akins Drive, this property boasts a highly desirable Commercial (C-R Retail Commercial District) zoning designation, making it ideal for a wide range of commercial developments. The lot features significant frontage on both Lang and Akins Drives, measuring approximately 424 feet on Lang and approximately 298 feet on Akins. With a total square footage of 126,324 square feet, and an asking price of $1,263,240 ($10 per square foot), this property offers significant potential for substantial returns. The area is experiencing rapid growth, evidenced by the recent construction and planning of over 300 new single-family homes. Furthermore, a 60-unit senior housing facility opened nearby in Fall 2019, underscoring the strong demand and positive trajectory of this location. The property's proximity to the Exxon plant (approximately 2 miles) adds to its strategic appeal. This unimproved land is ready for immediate development, presenting a unique chance to capitalize on the burgeoning commercial landscape of Portland. The APN is 1314-0092-0015-002. This is a corner lot in a high-growth area, offering excellent visibility and accessibility.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- San Patricio
- State
- Texas
- Longitude
- -97.3293
- Latitude
- 27.8924
