Reit Sale of 4.78 Acre Land Site

Land Description

Investment Highlights:

- ±4.78-Acre commercial development site in Texas City, within the Houston Msa.

- Dual frontage along two key corridors carrying ±9,357 VPD on Hwy 3 and ±14,451 VPD on Texas Ave (FM 1765), providing visibility and daily commuter exposure.

- Surrounded by major employment drivers, including nearby petrochemical and healthcare anchors such as Marathon, Valero, Dow, Utmb, and HCA Houston Healthcare Mainland, supporting daytime demand and long-term commercial need.

- Attractive Demographics with $87,540 Average Household Income and ±80,871 Individuals (5-Mile)

- Outside both the 100-Year and 500-Year flood plains, a meaningful advantage for site planning and development execution in a Gulf Coast market.

- Favorable E, General Business zoning allows an extensive variety of retail, office, commercial services, car wash, supporting a broad range of neighborhood commercial development strategies.

- Direct connectivity to I-45 just ±2 miles away, placing the site between Houston and Galveston in one of the Gulf Coast's most employment-dense industrial and port-oriented corridors.

Offering Summary:

Marcus & Millichap is pleased to present a ±4.78-Acre commercial development site located adjacent to 5320 FM 1765 (the “Property”) in Texas City, TX 77591. This Property offers an exceptional investment opportunity via development and First BID Meets Reserve.

The Property consists of two adjacent tracts totaling ±4.78-Acres and benefits from dual frontage along two key corridors carrying ±9,357 vehicles per day on Hwy 3 and ±14,451 VPD on Texas Ave, providing strong visibility and accessibility. The site offers strong traffic exposure, utility access, and a location outside the 100-Year and 500-Year flood plains, making it well suited for retail, medical, service-commercial, or other commercial development. The Property benefits from favorable E, General Business District zoning that allows for a wide variety of flexible uses. Due to its strategic location in a growing market, the Property presents developers with a prime development opportunity with the potential for significant upside.

Texas City, Texas is a strategically located Gulf Coast submarket within the Houston metro orbit, anchored by one of the nation's most significant petrochemical and refining clusters and the Port of Texas City. The city benefits from direct access to I-45, Texas 146, port infrastructure, and a large industrial employment base, while also serving as a regional hub for manufacturing, healthcare, retail, and logistics. Major employers include Marathon Petroleum, Valero, Dow, Ineos, HCA Houston Healthcare Mainland, and Tanger Outlets. The surrounding area is supported by a deep base of industrial and healthcare employment, including petrochemical operators and regional medical institutions, while also benefiting from quick access to I-45, Galveston County population growth, and proximity to major retail and recreation destinations. The Property's location further benefits from strong demographics with a population of ±80,871 and an average household income of $87,540 within a 5-mile radius. The population has experienced 6.83% growth from 2020-2025 with 4.18% growth expected to continue through 2030. Texas City offers investors exposure to a durable, infrastructure-driven submarket supported by industrial demand, regional consumer traffic, and long-term Gulf Coast economic relevance.