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Property profile & analytics
OFF-MARKET
Land

0 Shore Dr Port Isabel, TX 78578

Property ID
Property summary
AI-generated overview

This exceptional 39,000 square foot waterfront property in Port Isabel, Texas, boasts 300 feet of direct frontage on the Intracoastal Waterway. Located on South Shore Drive, this land offers unparalleled access to the Gulf of Mexico, Brownsville Ship Channel, and the Jetties in South Padre Island. Its prime location within an Opportunity Zone presents significant investment potential, further enhanced by proximity to SpaceX, LNG plants, and the expanding Port of Brownsville. The property's RES zoning allows for both commercial and residential development. Recent comparable sales in the area show values of $350,000 per 50-foot lot. The deep-water access is ideal for vessels traveling to Mexico, Central America, or points north and east along the Gulf Intracoastal Waterway, which extends from Brownsville to Florida. The property's barrier island location provides excellent protection. This offering includes the possibility of seller financing. Lots 14-19 are available for purchase together or individually. The asking price is $2,190,000.

Property profile
Verified
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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