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Property profile & analytics
OFF-MARKET
Commercial real estate

3011 Moore Ave Portland, TX 78374

23.79 ac lot
Property ID
US82-6099730
Property summary
AI-generated overview

This exceptional 23.79-acre commercial land parcel presents a remarkable opportunity for apartment development in Portland, Texas. Located at the northwest corner of State Highway 893 (Moore Ave) and Stark Rd, this site boasts a highly desirable location on the fast-growing west side of Portland, just north of Corpus Christi Bay. The property is 100% developable, featuring a generally flat topography, free from pipelines or encroachments, ensuring a smooth and efficient development process. The asking price is $4,086,472, translating to a land value of $3.95 per square foot. This presents a compelling investment opportunity given the area's growth trajectory and the site's ideal characteristics. The property is conveniently situated in San Patricio County, with the address listed as 3011 Moore Ave, Portland, TX 78374. A 60-day vacate period is offered after closing, allowing ample time for transition. This prime location offers excellent access to major roadways and is poised to benefit from the continued expansion of the surrounding area. The absence of pipelines or encroachments minimizes potential development complications, making this a truly exceptional opportunity for discerning investors seeking a high-quality apartment development site.

Property profile
Verified
Property type Commercial real estate
Lot 23.79 ac (1,036,292 SF)
UPID US82-6099730
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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