181 & Sunset Cor Hwy Gregory, TX 78359
This exceptional 5.51-acre commercial land parcel in Gregory, Texas, boasts a prime location at the southwest corner of Highway 181 and Sunset Road. Offering approximately 537 feet of frontage on US Highway 181, 945 feet along Sunset Road, and 1,176 feet along the southwestern property line, this sizable tract presents significant development potential. The property benefits from substantial recent infrastructure improvements, including major upgrades by the Texas Department of Transportation (TXDOT) and electrical enhancements at the nearby Gulf Coast Growth Ventures plant. High traffic counts and excellent visibility ensure strong potential for any commercial venture. Effective drainage along the southwestern boundary simplifies site design. The property's proximity to major industrial facilities near the Port of Corpus Christi's La Quinta Terminal, major highways, and city utilities adds to its appeal. Given the rapidly diminishing Highway 181 frontage, this represents a timely investment opportunity. The possibility of subdividing the land may also be explored if a smaller acreage is desired. The asking price is $1,200,510, and the APN is 56738. This property is zoned for Commercial, Industrial, and Residential uses.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.