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    Shelly St Kingsville, TX 78363
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    Shelly St, Kingsville, TX 78363

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    • Land
    • 11.30 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Shelly St

    Lot size
    11.30 lot acres
    Property type
    Land

    Description

    This exceptional 11.3-acre commercial and residential land parcel presents a prime infill development opportunity in Kingsville, Texas. Zoned for residential use, the property is already platted for 38 lots, offering significant potential for immediate development. Located in Kleberg County, the site boasts convenient access to major roadways and is situated near Kingsville's thriving retail corridor, including HM King High School, Christus Spohn Hospital, Southgate Mall, Marriott and Hampton Inn hotels, Lowe's, Walmart, various auto dealerships, chain restaurants, and other retail establishments. Its proximity to Texas A&M University-Kingsville (3 miles southeast) and Naval Air Station Kingsville (2 miles west) further enhances its appeal. The property benefits from readily available utilities, including 8-inch water lines along Shelly Street or 6-inch lines along East Ailsie Avenue, 16-inch sewer lines along the property's north side or 12-inch lines behind the Hampton Inn, and a lift station located half a mile north. The site is outside of any flood zones, and the Kingsville Independent School District serves the area. The property's tax rate is $3.194259. This strategic location is poised to benefit from the substantial growth projected for Kingsville, fueled in part by Occidental Petroleum's recent announcement of a $40 billion carbon capture plant and the addition of approximately 12,000 jobs to Kleberg County. The seller may consider financing options and land participation. This is an unparalleled opportunity to capitalize on Kingsville's expanding market and strong demand for both for-sale and rental housing units. A recent report (December 2021, RCLCO) indicated an annual demand of 46 for-sale and 104 for-rent units in Kleberg County.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Kingsville
    County
    Kleberg
    State
    Texas
    Longitude
    -97.8517
    Latitude
    27.494
    More about this property
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