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Property profile & analytics
OFF-MARKET
Land

0 Highway 3 League City, TX 77537

3.24 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents 3.236 acres of vacant commercial land ideally situated in League City, Texas, within the ETJ (Extra Territorial Jurisdiction), near the intersection of Highway 96 and FM 646. The property boasts 300 linear feet of frontage directly on Highway 3, offering unparalleled visibility and accessibility. Comprised of two parcels, one located at 0 Highway 3 (1.446 acres) and the other at 0 Arizona Ave (1.79 acres), this combined offering is priced at $1,200,000. Currently zoned for residential use, this land presents significant development potential, allowing for a variety of commercial ventures. The location benefits from high traffic volume, with Highway 3 recording an average daily traffic count of 11,500 vehicles in 2019. This prime location is strategically positioned between League City and Dickinson, serving a large population base exceeding 1 million people within a 3-mile radius, with an average age of 37. The property is ready for immediate construction, making it an attractive proposition for developers seeking a high-traffic, high-visibility location in a rapidly growing area. The Galveston County location and 77537 zip code further enhance the property's desirability.

Property profile
Verified
Property type Land
Lot 3.24 ac (140,960 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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