0 Nec Marina Bay Drive & Cypress Bay Boulevard League City, TX 77565
This exceptional 2.826-acre commercial land parcel presents a remarkable investment opportunity in the thriving Kemah, Texas market. Located at the entrance of the upscale Cypress Bay subdivision, a 54-lot residential community with homes priced from the mid-$600,000s, this property enjoys unparalleled visibility and accessibility. Its strategic location offers proximity to a wealth of amenities, including the renowned Kemah Boardwalk, over 500,000 square feet of existing office space, the South Shore Harbour Hotel, Conference Center, Marina, and Golf Course, plus numerous restaurants and retail establishments. The property is zoned for General Commercial use, making it ideally suited for a diverse range of developments, such as restaurants, bars, office buildings, or even a hotel. With its substantial size and prime location within a rapidly growing area, this land parcel offers significant potential for substantial returns. The asking price is $2,461,700. The property is situated in Galveston County, Texas, with a zip code of 77565, at the intersection of Marina Bay Drive and Cypress Bay Boulevard in League City. This is a rare opportunity to acquire a large, well-located commercial lot in a high-demand area. Detailed site plans and zoning information are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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