0 Hwy 181 & Olympic Dr Portland, TX 78374
This exceptional 1.93-acre commercial development site, Lot 19R, presents a rare opportunity in Portland, Texas. Strategically located on Highway 181 and Olympic Drive, it boasts unparalleled visibility and accessibility. The property is one of the last remaining pad sites available on this side of Highway 181, offering immediate access to the thriving community and its amenities. While some platting may be required, the site's prime location adjacent to the Marriott TownePlace Suites Extended Stay Hotel and Esplanade Shopping Center ensures high traffic and visibility. The property's proximity to major retailers like Walmart, HEB, and a new Target, along with numerous restaurants, makes it an ideal location for a variety of commercial ventures. Olympic Drive provides convenient thoroughfare access from Highway 181 to the surrounding residential neighborhoods. Note that a 100-foot pipeline runs along the southern boundary. The location benefits from San Patricio County's robust economic growth, with over $37 billion invested in industry over the past decade. This site offers a unique blend of high visibility, convenient access, and a strong surrounding commercial and residential base, making it an exceptional investment opportunity. Aerial views are available for detailed location assessment. The property is situated in zip code 78374, San Patricio County, Texas.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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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.