0 I – 10 & Lanai Dr Baytown, TX 77523
This exceptional 6.3-acre commercial land parcel presents a prime opportunity for businesses seeking high visibility and convenient access to Interstate 10. Located on the hard corner of I-10 East and Lanai Drive in Chambers County, Texas (zip code 77523), this unrestricted property boasts approximately 680 feet of frontage along the I-10 Eastbound feeder road, ensuring significant traffic exposure. Its strategic location offers easy access to I-10 and FM 1409, placing it within minutes of major industrial plants including Chevron/Phillips, Enterprise Products, Exxon/Mobil, and Bayer. The property is situated approximately two miles east of Mont Belvieu, in an area experiencing substantial new growth and business relocation. While a CWA easement reduces the net usable acreage to approximately 3 acres, the property benefits from readily available utilities provided by Aqua Texas. Low taxes and minimal government regulations further enhance its appeal. This high-traffic location, coupled with its proximity to established industry and a rapidly developing area, makes this an exceptional investment opportunity for businesses seeking a prominent presence in a thriving industrial corridor. The land is priced at $4.37 per square foot.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.