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South Shore Dr - SOUTH SHORE 4

1.65 Acres of Commercial Land Offered at £2,112,615 in Port Isabel, TX 78578

Investment Highlights

  • Appx. 450' of WATERFRONT PROPERTY ON THE INTRACOASTAL WATERWAY!

Executive Summary

OPPORTUNITY ZONE! Approx. 450' of WATERFRONT PROPERTY ON THE INTRACOASTAL WATERWAY! Adjacent to the Swing Bridge in Port Isabel, at Garcia St. and South Shore, lt is an ideal location for any kind of waterfront development. Can be commercial or residential. Docks in place that only need to be renovated. Close to the Brownsville Ship Channel and the Jetties in South Padre Island and the Gulf of Mexico. Being very close to the Mexico border, this deep water frontage is ideal for boats to travel to the Gulf of Mexico going South to Mexico & Central America OR travel North or East in the Gulf. The Intracoastal Waterway goes from Brownsville all the way up the East Coast of the U.S. Prime location. SpaceX, LNG plants, & other port of Brownsville expansion nearby. Check this and other commercial properties out at PortIsabelCommercial.com.
Lot #15 is owned by AEP for one transmission pole. They are not going to build on it. It might be used for additional parking if leased from AEP.
Comparable lots just sold for $250,000. recently very closeby. One lot can be purchased for $300,000. but only on the ends and not the middle.

Financial Summary (Actual - 2020)

Annual Annual Per AC
Taxes £9,389 £5,690.55
Operating Expenses - -
Total Expenses £9,389 £5,690.55

Financial Summary (Actual - 2020)

Taxes
Annual £9,389
Annual Per AC £5,690.55
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual £9,389
Annual Per AC £5,690.55

Property Facts

Price £2,112,615
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Contractor Storage Yard
  • Convenience Store
  • Distribution
  • Fast Food
  • General Freestanding
  • Hold For Development
  • Hold For Investment
  • Hotel
  • Manufactured Homes or Mobile Home Park
  • Motel
  • Restaurant
  • Schools
  • Single Family Development
  • Warehouse
Total Lot Size 1.65 AC
Opportunity Zone Yes

1 Lot Available

Lot 16-18&1-6

Price £2,112,615
Price Per AC £1,280,373
Lot Size 1.65 AC

Approx. 450' of WATERFRONT PROPERTY ON THE INTRACOASTAL WATERWAY! Adjacent to the Swing Bridge in Port Isabel, at Garcia St. and South Shore, lt is an ideal location for any kind of waterfront development. 9 contiguous lots. Or, $300,000. each.

Description

OPPORTUNITY ZONE! Appx. 450' of WATERFRONT PROPERTY ON THE INTRACOASTAL WATERWAY! Adjacent to the Swing Bridge in Port Isabel, at Garcia St. and South Shore, lt is an ideal location for any kind of waterfront development. Can be commercial or residential. Docks in place that only need to be renovated. Close to the Brownsville Ship Channel and the Jetties in South Padre Island and the Gulf of Mexico. Being very close to the Mexico border, this deep water frontage is ideal for boats to travel to the Gulf of Mexico going South to Mexico & Central America OR travel North or East in the Gulf. The Intracoastal Waterway goes from Brownsville all the way up the East Coast of the U.S. Prime location. SpaceX, LNG plants, & other port of Brownsville expansion nearby.

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 11837566

  • Date on Market: 07/03/2018

  • Last Updated:

  • Address: South Shore Dr, Port Isabel, TX 78578

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