Reliant Dr Portland, TX 78374
This exceptional investment opportunity presents two tracts of land totaling approximately 63 acres, ideally situated in Portland, Texas. The property offers significant development potential, boasting convenient access to major roadways. Tract 1, encompassing roughly 23 acres, is part of Section P Paul Subdivision CFP and benefits from access via Wildcat Drive. Tract 2, comprising approximately 40 acres, is also situated within Section P Paul Subdivision CFP (Tracts A, B, C, D) and enjoys direct access to Highway 181, further enhanced by its boundary with Buddy Ganem Drive. The seller is open to dividing the property, providing flexibility for various development scenarios. This expansive land parcel presents a rare chance to acquire a substantial holding in a strategic location. The combined acreage offers ample space for a wide range of commercial projects, from large-scale office developments to mixed-use complexes. Given its size and accessibility, this property represents a compelling investment opportunity with significant long-term growth potential. The location provides easy access to major transportation routes, ensuring convenient commutes and efficient logistics. The flexible ownership options make this a highly attractive proposition for both individual and corporate investors seeking a substantial land acquisition in a thriving Texas market. The asking price for this remarkable property is $12,000,000.
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.