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Property profile & analytics
OFF-MARKET
Land

1774 Avenue L Santa Fe, TX 77510

6.7 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 6.7-acre commercial land parcel presents a remarkable investment opportunity in Santa Fe, Texas. Situated at the northeast intersection of FM 1764 and Avenue L within the Mulberry Farms Master Planned Community, this property benefits from its high-traffic location near FM 654, boasting approximately 13,321 vehicles per day. Less than 0.4 miles away, you'll find an established commercial center anchored by an HEB grocery store, CVS, and other national retailers, ensuring high visibility and convenient access for potential businesses. The site is conveniently located within Santa Fe city limits and the ETJ, with readily available public water. CenterPoint Energy will provide electricity and gas services, while Comcast offers internet connectivity. This prime location is ideal for a variety of commercial developments, including retail pads and mixed-use projects. Envision a thriving center featuring daycare, church, medical and dental offices, storage facilities, a neighborhood grocery store, urgent care, and even a small multifamily development. This property is part of a larger 65.6-acre tract, and its strategic placement within a major Bay Area growth corridor is further enhanced by the ongoing residential and commercial development in the Mulberry Farms community, which includes 168 new homes built by Chesmar Homes and Castle Rock Communities. Nearby developments include the expansive 2033-acre Lago Mar master-planned community on I-45, featuring multifamily residences, hotels, and the prominent Buc-ee's/Tanger Outlet Mall. The area also benefits from the construction of the new Gulf Coast Ammonia Plant near the Marathon site, along with numerous refineries and manufacturing plants, creating a robust and expanding economic landscape. This is a rare opportunity to capitalize on the significant growth potential of this thriving region.

Property profile
Verified
Property type Land
Lot 6.7 ac (291,852 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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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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