0 Fm 3248 Gregory, TX 78359
This exceptional 246-acre commercial land parcel in Gregory, Texas, presents a unique investment opportunity. Strategically located in San Patricio County, near the bustling Port of Corpus Christi, this property boasts significant frontage on both FM Rd 3284 (0.66 miles or 28,911 feet) and County Rd 106 (0.458 miles). The site is conveniently served by existing water and sewer infrastructure, eliminating costly utility extensions. Zoned and entitled for immediate development, this land is ideal for various commercial uses, particularly light industrial projects. The absence of speculative warehouses in the immediate vicinity underscores the property's potential for a unique and impactful development. Given its location within a rapidly expanding $50 billion growth sector, and its proximity to the Gulf Coast Growth Ventures (GCGV) plant – a joint venture between ExxonMobil and SABIC – this site offers unparalleled access to major industrial players and logistical advantages. The seller is open to considering various transaction structures, including outright sale or land lease, and is also willing to explore build-to-suit options for qualified developers. The property is available for sale in its entirety or as divisible parcels, providing flexibility to accommodate diverse development plans. This is a rare opportunity to acquire a large, well-situated commercial land parcel in a high-growth area with excellent infrastructure and access to major industrial partners.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.