0 Highway 3 League City, TX 77537
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty 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.