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FM 518 East

15.5 Acres of Industrial Land in Kemah, TX 77565

Investment Highlights

  • Reduced Pricing; Shovel-ready portion of site is outside of 100-year floodplain
  • Expansion Potential: Additional 17.7 acres available, perfect for a large-scale, multiphase mixed-use project
  • Excellent School District: Located within the top-tier Clear Creek ISD (top 4% public ISD in Texas)
  • Prime Location: Terrific visibility and access with 580' FM 518 frontage at the northeast corner of FM 518 and Lawrence Road.
  • Strategic Growth Area: Close proximity to the nearly-completed Highway 146 expansion.
  • Access to public utilities

Executive Summary

UPDATE! Reduced Pricing | Floodplain Update!
Rare opportunity to acquire approximately 15.5 acres of prime infill land in Kemah, TX, with another +/- 26 acres available off-market and adjacent to the subject property. The land is suitable for a range of development possibilities including light industrial, outside storage (IOS), light manufacturing, senior living, or entertainment. Much of the 518 frontage parcel is outside of the 100-year floodplain, allowing immediate building potential, while the remaining area, despite floodplain conditions, offers flexible utility for other uses. No zoning restrictions and ready access to public utilities.
Strategically located 0.4 miles from Highway 146 and 5.7 miles from I-45, the land benefits from the recent $220 million Highway 146 expansion, which significantly enhances site access and connectivity to nearby commercial hubs and three major ports. Positioned in an area with strong demographics and a growing affluent population, the land is a rare find for developers seeking sizable infill property with high visibility and versatile development potential.
Total Available Land Area: +/- 41.6 AC
• Corner of FM 518 & Lawrence Road: 8.96 AC
• Interior Land Area: +- 15.5 AC
• Potential Additional Acreage North of Overhead Powerline: +/- 17.7 AC (Consult with Broker)
*Utilities: Water and Sewer Provided by Galveston County Water Control & Improvement District #12
*Zoning: No Zoning
County: Galveston County
Tax Rates:
• City of Kemah = $0.01695
• Unincorporated (Galveston County) = $0.013165
Asking Price: Consult with Broker
•Prime Location: Situated at the signalized corner of FM 518 and Lawrence Rd (NEC); 580’ Frontage along FM 518
•High Traffic Count: Approximately 15,212 VPD on FM 518.
•Premium ISD: Clear Creek ISD ranked #42 in Texas (Top 4%).
•Utilities and Infrastructure*
• Water: Located in FM 518 ROW.
• Sewer: Located in FM 518 ROW; new lift station approximately 430’ south of the property boundary.
• Detention Facilities: Potential on-site detention (consult with civil engineer).
*Purchaser should verify with the City of Kemah, GC WCID #12, and civil engineer professional.

Property Facts

Sale Type Investment or Owner User
Sale Conditions
Portfolio Sale
  • Development Sale
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Hold For Development
  • Hotel
  • Neighborhood Centre
  • Power Centre
  • Restaurant
Total Lot Size 15.50 AC

1 Lot Available

Lot

Lot Size 15.50 AC

Total Available Land Area: +/- 15.0 AC Partially outside of 100 year floodplain Potential Additional Acreage: +/- 26.66 AC (Consult with Broker) Utilities: Water and Sewer Provided by Galveston County Water Control District Zoning: None Low Taxes

Description

Rare opportunity to acquire up to +- 42 acres of prime infill land with no zoning restrictions and access to public utilities. Approximately 24 acres is available at the stoplight corner of FM 518 and Lawrence Road, with another +\- 17.7 acres available for future development adjacent to the north. An assemblage of this size offers a rare chance to acquire a substantial and strategically located infill property ideal for a high-impact mixed-use development. This property stands out due to its comprehensive access to public utilities, low tax rate, premium visibility, favorable demographics, and versatile development options. The area’s growth is further accelerated by the pending completion of Highway 146’s $220M expansion, greatly improving traffic flow and accessibility. Total Available Land Area: +/- 41.6 AC • Corner of FM 518 & Lawrence Road: 8.96 AC • Interior Land Area: +- 15.0 AC • Potential Additional Acreage Adjacent to North: +/- 17.7 AC (Consult with Broker) *Utilities: Water and Sewer Provided by Galveston County Water Control & Improvement District #12 *Zoning: No Zoning County: Galveston County Tax Rates: • City of Kemah = $0.01695 • Unincorporated (Galveston County) = $0.013165 Asking Price: Consult with Broker •Prime Location: Situated at the signalized corner of FM 518 and Lawrence Rd (NEC); 580’ Frontage along FM 518 •High Traffic Count: Approximately 15,212 VPD on FM 518. •Proximity to Major Transportation Corridors: Located 0.4 miles from Hwy 146 and 5.7 miles from I-45, both the major thoroughfares. •No Zoning: Flexible Development Options. * •Premium ISD: Clear Creek ISD ranked #42 in Texas (Top 4%). •Utilities and Infrastructure* • Water: Located in FM 518 ROW. • Sewer: Located in FM 518 ROW; new lift station approximately 430’ south of the property boundary. • Detention Facilities: Potential on-site detention (consult with civil engineer). *Purchaser should verify with the City of Kemah, GC WCID #12, and civil engineer professional.

zoning

Zoning Code None/Unincorporated (No Zoning in the City of Kemah; County restrictions for unincorporated areas; Consult with local authorities for restrictions)
None/Unincorporated (No Zoning in the City of Kemah; County restrictions for unincorporated areas; Consult with local authorities for restrictions)
  • Listing ID: 30664091

  • Date on Market: 15/01/2024

  • Last Updated:

  • Address: FM 518 East, Kemah, TX 77565

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