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Highway 181 and Broadway Blvd
Portland, TX 78374
Land For Sale · 10.78 AC
Investment Highlights
- FULLY ENTITLED MULTIFAMILY DEVELOPMENT SITE IN HIGH BARRIERS TO ENTRY MARKET
- ONLY TARGET OPENING IN TEXAS IN 2024
- QUICK ACCESS TO OTHER AREAS OF THE CORPUS CHRISTI METRO VIA HIGHWAY 181
- WITHIN A TARGET ANCHORED NEW COMMERCIAL TOWN CENTER
- CLOSE PROXIMITY TO THE PORT OF CORPUS CHRISTI ($45 BILLION IN INVESTMENT)
Executive Summary
A 45 ACRE TARGET-ANCHORED DEVELOPMENT
PROPERTY FACTS Under Contract
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 10.78 AC |
| Property Type | Land |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 10.78 AC |
1 Lot Available
Lot
| Lot Size | 10.78 AC |
| Lot Size | 10.78 AC |
Description
Size: ±10.78 Acres Utilities: Full utilities available and to the site Zoning: PUD - Multifamily, Up to 323 units (30 units/acre) Floodplain: None Favorable Taxing Jurisdiction: Low Taxable Assessed Values for Multifamily - contact broker for more details Access & Visibility: Broadway Blvd and Highway 181 School District: Gregory-Portland ISD Detention: Provided off site Jurisdiction: City of Portland Tax Rate: 2.3696% Address: NEC 181 and Buddy Ganem Drive, Portland, TX 78374
PROPERTY TAXES
| Parcel Number | 1037980 | Improvements Assessment | $1,584,987 CAD |
| Land Assessment | $733,181 CAD | Total Assessment | $2,318,168 CAD |
PROPERTY TAXES
zoning
| Zoning Code | PUD - Multifamily (Up to 323 units (30 units/acre)) |
| PUD - Multifamily (Up to 323 units (30 units/acre)) |
