Property profile

416 State Hwy La Marque, TX 77568

OFF-MARKET
Land
2.66 ac lot
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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

Location

416 State Hwy La Marque, TX 77568
La Marque metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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