272 W Bay Area Blvd Webster, TX 77598
This exceptional 4.309-acre commercial land parcel presents a unique investment opportunity in Webster, Texas. Strategically located near the intersection of W Bay Area Blvd and with convenient access from the median cut, this property boasts high visibility and accessibility. Its proximity to major thoroughfares offers unparalleled connectivity. Interstate 45 is approximately 0.5 miles away, while Beltway 8 is roughly 6.5 miles distant, providing easy access to Houston's downtown area (approximately 22 miles). The site is ideally positioned to benefit from the thriving Webster community and its surrounding attractions, including Baybrook Mall, NASA/Johnson Space Center, Kemah Boardwalk, Armand Bayou Nature Center, and the Lone Star Flight Museum. The property's versatility allows for a wide range of development possibilities, including hospitality, fitness centers, entertainment venues, independent living facilities, medical offices, educational institutions, recreational uses, or townhomes. City of Webster utilities are available. This exceptional location and diverse development potential make this a truly remarkable opportunity for investors and developers seeking a prime commercial site in a rapidly growing area. The property's size and strategic location offer significant potential for long-term growth and return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
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.