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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
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 | Property Subtype | Commercial |
Sale Type | Investment or Owner User | Proposed Use | |
No. Lots | 1 | Total Lot Size | 1.65 AC |
Property Type | Land | Opportunity Zone |
Yes
|
Price | £2,112,615 |
Sale Type | Investment or Owner User |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | |
Total Lot Size | 1.65 AC |
Opportunity Zone |
Yes |
1 Lot Available
Lot 16-18&1-6
Price | £2,112,615 | Lot Size | 1.65 AC |
Price Per AC | £1,280,373 |
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 |
Presented by
South Shore Dr - SOUTH SHORE 4
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