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    OFF-MARKET
    Land

    416 State Hwy, La Marque, TX 77568

    2.66 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.66-acre commercial land parcel presents a unique investment opportunity in Galveston County. Strategically located on Highway 3, this property boasts significant frontage, ensuring high visibility and accessibility for any business. The site is zoned C-2 restricted commercial, offering a range of potential uses. Previously occupied by Simp's Soul Food, the land is ready for development, with existing utilities already in place. The property's size and location make it ideal for a variety of commercial ventures, from retail establishments to restaurants. This is a rare chance to acquire a well-situated commercial lot in a thriving area. The seller is offering attractive financing options, making this an even more compelling proposition for prospective buyers or lessees. The property's history as a successful restaurant location suggests strong potential for future success. Serious inquiries are encouraged to explore this exceptional opportunity to establish a thriving business in a high-traffic location. Don't miss out on this chance to own a piece of Galveston County's commercial landscape. Contact us today to learn more about this prime commercial land offering.

    Property profile
    Verified
    Property type Land
    Lot 2.66 ac (115,870 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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