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Property profile & analytics
OFF-MARKET
Mixed-use properties

1764 And I-45 La Marque, TX 77591

35 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Lot 35 ac (1,524,600 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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