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Property profile & analytics
OFF-MARKET
Office Spaces

Reliant Dr Portland, TX 78374

39.95 ac lot Built 1900
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1900
Lot 39.95 ac (1,740,222 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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