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15510 Gulf Breeze Dr Webster, TX 77598

OFF-MARKET Land Google Maps
Estimated value
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Property ID

Property summary

AI-generated overview

This exceptional commercial land opportunity in Webster, Texas, presents a turnkey solution for developing a thriving business. Spanning 45,952 square feet at the high-visibility corner of Dixie Farm Road and the Gulf Freeway, this lot boasts an impressive 19,000 vehicles per day. Included is a permit to build a gas station, convenience store, and a second retail unit, eliminating the typical 12-month waiting period and associated plan costs. IMST reports project impressive monthly fuel sales of $96,391 and convenience store sales of $140,894, excluding potential income from the second retail unit. The 6,850 square foot building plan (one floor, two units) and MEP documents are available. The property offers 240 feet of frontage on Dixie Farm Road with two entrances. Its strategic location is surrounded by established residential areas, apartment complexes, a major strip center, car dealerships, a church, industrial warehouses, and an event space, ensuring a robust customer base. Limited competition in the immediate area further enhances the investment potential. This is a rare opportunity to capitalize on a high-demand location with a ready-to-go permit, significantly reducing development time and costs. The permitted zoning is unrestricted. The asking price is $999,999. The permit's estimated completion date is January 15, 2025.

Property profile

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Property type Land

Cap rate & NOI

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Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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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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