Current Use by Public Records
- Land
Property Details for aka FM 3239 Buddy Ganem @ Memorial Pkwy Cor
- Lot size
- 5.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 5-acre commercial and industrial land parcel presents a remarkable investment opportunity in Portland, Texas. Located at the northeast corner of Buddy Ganem (FM 3239) and Memorial Parkway, this property boasts 300 feet of frontage on Buddy Ganem and a depth of 726 feet. Currently cultivated, the land is zoned for mixed use, offering significant flexibility for development. The property benefits from high visibility due to its proximity to US Highway 181 and Gregory's Highway 35 growth corridor. A bridge spanning a 50-foot drainage easement includes sidewalks and guardrails, enhancing accessibility and safety. The location offers convenient access to numerous amenities, including G-PISD schools, a public library, fire department, medical facilities, hotels, retail centers, entertainment venues, and restaurants. Its proximity to the ExxonMobil/Sabic's Gulf Coast Growth Ventures site further underscores its strategic value. Portland's thriving economy, fueled by the San Patricio County Industrial Corridor expansion and increased ship traffic at La Quinta Trade Terminal, makes this a prime location for commercial growth. An adjacent 8.69-acre site is also available for purchase. The asking price is $975,000, with a land value of $195,000 per square foot. The APN is 56827. This is a unique opportunity to capitalize on Portland's burgeoning commercial landscape.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- San Patricio
- State
- Texas
- Longitude
- -97.3151
- Latitude
- 27.9013
