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Property profile & analytics
OFF-MARKET
Land

0 Fm 3248 Gregory, TX 78359

246 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 246 ac (10,715,760 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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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