664 Fm270 League City, TX 77573
This exceptional 17-acre commercial land parcel presents a remarkable investment opportunity in the thriving League City, Texas market. Located at 664 FM 270 (Egret Bay Blvd) in Galveston County, zip code 77573, this property boasts over 1500 feet of frontage on the six-lane FM 270, featuring a turning lane. The land is zoned for Mixed Commercial use, offering significant development flexibility. A key advantage is that fill has already been brought in to elevate the entire property above the 100-year floodplain, eliminating the need for detention. This significantly reduces development costs and streamlines the permitting process. The asking price is $8,886,240, translating to $12 per square foot. The property's location provides excellent visibility and accessibility, making it ideal for a variety of commercial ventures. New sidewalks are in place, enhancing pedestrian access and overall appeal. This is a rare opportunity to acquire a large, well-situated commercial tract ready for immediate development in a rapidly growing area. Detailed survey information is available upon request. The property's latitude and longitude coordinates are 29.5228597 and -95.0810209 respectively.
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
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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.