1612 & Crk 3767 Gregory, TX 78359
- Land
- 91.68 lot acres
Current Use by Public Records
- Land
Property Details for 1612 & Crk 3767
- Lot size
- 91.68 lot acres
- Property type
- Land
Description
This exceptional 91.68-acre commercial land parcel presents a unique investment opportunity in Portland, Texas. Strategically located near the intersection of CR 1612 and CR 3767, this property boasts 1,201 feet of frontage on CR 1612, directly across from the expansive 1,400-acre ExxonMobil project. Its convenient location offers easy access to Portland's commercial center, schools, and major highways including Hwy-181, Hwy-35, and Hwy-361. Currently used for agriculture, this cleared and leveled rectangular tract (excluding an access easement to CR 3767) is ideally suited for residential development. The property is zoned for commercial use (Zoning 2). Portland, situated in San Patricio County, is experiencing significant growth, fueled by the presence of major industrial plants and a burgeoning population (estimated at 19,453) within the Corpus Christi Metropolitan Statistical Area. The nearby town of Gregory has an estimated population of 1,740. This prime location offers unparalleled potential for investors seeking to capitalize on the region's dynamic economic expansion. The asking price for this remarkable property is $2,500,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gregory
- County
- San Patricio
- State
- Texas
- Longitude
- -97.325
- Latitude
- 27.9185
