35 And Fm 523, Alvin, TX 77515
This exceptional 47.13-acre tract presents a unique investment opportunity in Brazoria County, Texas. Strategically located at the intersection of SH 35 and FM 523 in Angleton, this property boasts significant highway frontage: approximately 1,110 feet on SH 35 and 840 feet on FM 523. High traffic counts are a key advantage, with SH 35 seeing 10,600 vehicles per day and the SH 35 Bypass (FM 523) recording 5,700 vehicles per day. The property's zoning allows for residential or mixed-use development, making it highly versatile. Convenient ingress and egress are provided from both SH 35 and FM 523. Further enhancing its appeal, the land is situated outside the 100 and 500-year floodplains, minimizing risk. A portion of the property falls within the City of Angleton's extraterritorial jurisdiction (ETJ). Currently benefiting from an agricultural tax exemption, this property offers significant long-term value. The property is served by the Angleton Independent School District and enjoys quick access to US 288, providing easy connectivity to major transportation arteries. This is a rare opportunity to acquire a substantial parcel of land in a rapidly growing area with excellent development potential.
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
Similar Nearby for Lease
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.