0 Shore Dr Port Isabel, TX 78578
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.
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
Similar Nearby for Sale
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.