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Property profile & analytics
OFF-MARKET
Land

0 Shelly St Kingsville, TX 78363

11.3 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 11.3 ac (492,228 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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