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Property profile & analytics
OFF-MARKET
Commercial land

114 Lang Rd Portland, TX 78374-2654

2.08 ac lot
Individually Owned 18-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-6874314
Property summary
AI-generated overview

This exceptional 2.08-acre commercial land parcel presents a unique investment opportunity in Portland, Texas. Located at 114 Lang Rd, this property boasts a highly desirable commercial zoning designation, making it suitable for a wide range of development projects. The asking price is $475,000, translating to a price per square foot of $5.24. Its strategic location offers unparalleled access to major transportation arteries, including IH-37, SH-35, SH-181, SH-188, and IH-69/US 77, ensuring seamless connectivity throughout the region. The property's proximity to a variety of amenities further enhances its appeal. Businesses will find themselves conveniently close to numerous restaurants, industrial business parks, retail establishments, and the Corpus Christi Harbor Bridge and International Airport. This prime location offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strategic foothold in a thriving market. The expansive lot size provides ample space for development, allowing for flexibility in design and functionality. This is a rare opportunity to acquire a significant commercial land parcel in a rapidly growing area with exceptional infrastructure and access. Don't miss this chance to secure a valuable asset in a prime location.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 2.08 ac (90,605 SF)
APN 1168-0002-0011-100
UPID US82-6874314
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
Current use
Occupant on record · Public records
  • Humpal Physical Therapy Physician
  • South Texas Bone and Joint Priority Care Clinic Medical Clinic Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Humpal Real Estate Ltd · 18 yrs held
Humpal Real Estate Ltd
since 2008
2 recorded transactions
2008
Price N/A
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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