3 State Hwy, Webster, TX 77598
This ±4.4-acre commercial and industrial land parcel presents a remarkable development opportunity in Webster, Texas. Strategically located on Highway 3 and Medical Center Boulevard, this vacant tract boasts exceptional visibility and accessibility. The property offers approximately 1550 feet of frontage on Highway 3 (Galveston Road) and approximately 150 feet of frontage on E Commerce Avenue, providing ample space for a variety of commercial ventures. With no restrictions on the land and utilities readily available through the Clear Lake City Water Authority, development is streamlined. High traffic counts are a significant advantage, with approximately 26,440 vehicles per day on Highway 3 and approximately 12,523 vehicles per day on Medical Center Boulevard. The property is zoned C-3, allowing for a wide range of commercial uses. The asking price is $2,000,000, and the property is open to both sale and ground lease options. Located in the Clear Lake ISD school district, this site offers a compelling combination of location, accessibility, and zoning potential for investors seeking a high-impact commercial development project. Access is provided via a private road from East Medical Center Boulevard, with secondary access available on East Commerce Avenue.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.