Current Use by Public Records
- Apartment buildings
Property Details for 7363 Us Highway 181
- Year built
- 2006
- Lot size
- 165.45 lot acres
- Property type
- Apartment buildings
Description
This exceptional 165.45-acre commercial property in Portland, Texas, presents a unique investment opportunity. Boasting 3,044 feet of frontage on US Highway 181 and the Union Pacific Railroad, and an additional 2,385 feet of frontage on County Road 3667, this site benefits from high daily traffic counts of 11,063 vehicles and a strategically placed stoplight at the northeast corner. The property includes a 2,544 square foot home, a 1,360 square foot apartment, a 3,000 square foot barn, a swimming pool, a hot tub, stamped concrete, and extensive landscaped areas with covered and open patios. This surface estate sale offers significant development potential, situated within a region experiencing substantial economic growth. San Patricio County's recent $45 billion investment in industrial manufacturing, including major players in steel, iron, plastics, and LNG, creates a robust and expanding market. Further enhancing the property's value are nearby improvements including over $1.2 billion in Texas Department of Transportation projects, over $100 million in new retail development (including a Target), and a consistently increasing number of residential building permits. The property's proximity to ExxonMobil's Gulf Coast Growth Ventures and Savage Gulf Rail, coupled with its location near the Port of Corpus Christi—the nation's number one energy port with access to deep Gulf waters and a planned desalination plant—positions this land for exceptional long-term growth and return. The asking price for this remarkable property is $13,999,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- San Patricio
- State
- Texas
- Longitude
- -97.3269
- Latitude
- 27.8758
