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    Land

    15510 Gulf Breeze Dr, Webster, TX 77598

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    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
    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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