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Property profile & analytics
OFF-MARKET
Land

0 22Nd St San Leon, TX 77539

1.9 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.9-acre commercial lot in San Leon, Texas, presents a remarkable investment opportunity. Located at 0 Bayshore Drive at 22nd Street (APN 6246-0006-0004-001), this rectangular corner lot boasts stunning bay views and is ideally situated near new construction homes and restaurants. Its prime location offers endless possibilities for development, including a home with a view, convenience store, gas station, general retail space, hotel, condos, or townhomes. The property is currently improved with a home and pond, which will convey with the sale; however, the asking price reflects the land value. The lot is level, cleared, and ready for immediate development. Water and sewer are available through the San Leon Municipal District. Potential buyers are responsible for verifying all development requirements and possibilities. A significant advantage is a recently signed 20-year lease for $10, granting waterfront access to construct a pier off 21st Street. This lease is transferable to the buyer and renewable for another 20 years upon expiration. The seller also offers the option to purchase a 0.75-acre hard corner for $295,000. This property is zoned for commercial use and presents a unique chance to capitalize on the growing San Leon market. The zip code is 77539.

Property profile
Verified
Property type Land
Lot 1.9 ac (82,764 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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