181 Hwy Portland, TX 78374
This exceptional 0.69-acre commercial property, totaling 29,996 square feet, presents a rare investment opportunity in Portland, Texas. Situated on Highway 181, it boasts excellent visibility and is ideally located within a thriving retail corridor. The property benefits from its proximity to numerous hotels, including Home 2 Suites, Holiday Inn Express and Suites, La Quinta, Hampton Inn, and Days Inn, as well as major retailers such as Walmart, Academy, Chili's, IHOP, McAllisters, Denny's, and Towneplace Suites. Additional nearby establishments include Pep's restaurant and IBC Bank. The property is zoned for commercial use and is conveniently located between the Best Western Hotel and Buddy Ganem Blvd, offering easy access and high traffic exposure. A recent survey is available for review. This is one of the last remaining parcels of land on this stretch of Highway 181, making it a truly unique opportunity for development or investment. The property's strategic location within a well-established commercial area of Portland ensures strong potential for future growth and return.
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
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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.