1764 And I-45 La Marque, TX 77591
This exceptional 35-acre commercial land parcel presents a remarkable development opportunity in the thriving La Marque, Texas market. Strategically located at the southwest quadrant of FM 1764 and I-45 South in Galveston County, this property boasts excellent visibility and accessibility. Just a 30-minute drive from Houston's central business district, it benefits from its position within a rapidly expanding area, neighboring the burgeoning communities of Lago Mar and Delaney Cove, projected to encompass over 7,000 homes upon completion. The site's advantageous location is further enhanced by its proximity to major retail anchors including a Sam's Club and Walmart, situated just north along FM 1764. Within a two-mile radius, you'll find UTMB Health, Gulf Greyhound Park, Mall of the Mainland, and the Texas City Tanger Outlet, a regional destination attracting over 5 million annual visitors. The Tanger Outlet's high-end retailers include Brooks Brothers, Michael Kors, Ralph Lauren, and Coach, among others. Further adding to the area's appeal is the under-development "Adventure Point" amusement park and conference center adjacent to the Tanger Outlets. The property itself offers ideal frontage-to-depth ratios, making it particularly well-suited for a grocery-anchored development complemented by restaurants and retail establishments. The area is currently underserved in terms of grocery and retail options. Future plans include a mid-block traffic signal on the property along FM 1764, creating two highly valuable commercial corners. The City of La Marque fosters a pro-business environment, welcoming developers and investors. This property represents a unique chance to capitalize on a dynamic market with significant growth potential. The zip code is 77591.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.