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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Buddy Ganem Dr Portland, TX 78374

8.7 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 8.7-acre commercial land parcel in Portland, Texas, presents a unique investment opportunity. Ideally situated on Buddy Ganem Drive (FM 3239), between US Hwy 181 and Wildcat Drive (FM 2986), this property boasts 521.82 feet of frontage and 726 feet of depth. The site benefits from its proximity to major retail establishments including a new Texan Travel Stop, Target, Raising Cane's, and a newly renovated B&B Theater, as well as other national retail giants. Its location near the La Quinta Trade Terminal, GCGV, Cheniere, Voestalpine, and TCPO further enhances its value. The land is currently cultivated and features a recently improved 50-foot drainage easement and high elevation. The area is experiencing significant growth, with new hotels, restaurants, entertainment venues, and improved infrastructure. Portland's award-winning G-PISD schools, sports complexes, public library, fire department, and sports medicine facilities add to the area's appeal. This mixed-use zoned property (APN 56848 & 56856) offers substantial potential for a wide range of commercial developments, capitalizing on the high traffic volume along Buddy Ganem Drive and the expanding presence of national retail chains, home builders, and employers. The asking price is $1,500,000.

Property profile
Verified
Property type Retail properties & Spaces
Lot 8.7 ac (378,972 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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