Akins Dr Portland, TX 78374
This exceptional 1.56-acre commercial lot presents a unique investment opportunity in the vibrant city of Portland, Texas. Situated on a highly visible corner, this property offers unparalleled accessibility and exposure. Its prime location is within easy walking distance of schools and new residential developments, ensuring a strong customer base for a variety of commercial ventures. The proximity to ExxonMobil, less than two miles away, further enhances its strategic value, providing access to a large workforce and significant economic activity. The expansive lot size allows for considerable flexibility in development, accommodating a diverse range of business types. Potential uses include, but are not limited to, restaurants, small strip centers, daycare facilities, and convenience stores. This property represents a rare chance to establish a thriving business in a rapidly growing community with excellent infrastructure and a strong local economy. The land is ready for immediate development, offering a significant advantage for entrepreneurs and investors seeking a high-return investment in a desirable location. Serious inquiries are encouraged to explore the full potential of this exceptional commercial property. The asking price is $675,000. The address is 0 Akins Dr., Portland, TX.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.