0 Hwy 35 Byp, Angleton, TX 77515
This exceptional 195.33-acre commercial land parcel presents a unique investment opportunity in Angleton, Texas. Located on Hwy 35 Bypass, this property boasts 1005 feet of frontage and benefits from its ag-exempt status. A current cattle lease is in place and can remain if desired. The property includes a gravel road and features a large, established TxDOT entrance on Highway 35. Its strategic location is approximately 2.5 miles south of Alvin Community College, YMCA, Briscoe Park, and a Kroger grocery store. The significant advantage of this property lies in its proximity to the proposed Grand Parkway 99, scheduled to begin construction in 2026. This planned expansion will directly front the land, significantly increasing its value and potential. The current TxDOT expansion project widening Highway 35 between Alvin and Angleton is already underway. Drainage sand pits are located adjacent to the property. The back boundary extends beyond the courtesy fence, and the right boundary reaches the canal's midpoint. The possibilities are vast, encompassing a mix of residential and commercial developments, including residential subdivisions, hotels, college apartments, storage facilities, restaurants, and strip centers. This is an unparalleled chance to capitalize on Alvin's growth and secure a piece of this exciting expansion. Asking price: $3,515,940. Zip code: 77515. Brazoria 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
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