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23573928
23395358

3011 Moore Ave, Portland, TX 78374

MC
TX 0409080
Cravey Real Estate Services Inc
Listed by Cravey Real Estate Services Inc
$3,990,000
385 days on market
Updated 9 days ago

23.79 Acre Development Site - Portland, TX

Details
Property Type Land
Sub Type Commercial
Acreage 23.790

23.79 Acres

Marketing description

This ±23.79-acre development tract presents a rare opportunity to acquire a highly visible, strategically positioned site within one of the Coastal Bend’s fastest-growing communities. Located at the northwest corner of Moore Avenue (FM 893) and Stark Road in Portland, Texas, the property offers exceptional frontage and accessibility along two important transportation corridors serving both Portland and the surrounding Ingleside market. Adjacent to W.C. Andrews Elementary School and surrounded by ongoing residential growth, the site is well-positioned for a variety of future commercial, mixed-use or residential-oriented development concepts designed to serve the area’s expanding population base.

The tract features generally flat and highly developable topography, ranging from approximately 36 to 34 feet above sea level with a gradual slope south toward Doyle Ditch. Importantly, the property is located outside of FEMA-designated floodplain areas and contains no known encroachments within setback areas, allowing developers greater flexibility in site planning and layout. Existing utility infrastructure is readily available to support future development, including potable water, sanitary sewer, electric service and storm water drainage. Residential natural gas service is also accessible nearby west of the site.

Currently zoned R-6, the property may qualify for Planned Unit Development (PUD) zoning upon city approval, creating flexibility for a broad range of potential uses including retail, office, medical, multifamily, senior housing, mixed-use or neighborhood-oriented commercial development. Ownership is also open to subdividing approximately 10–11 acres from the north end of the tract, allowing flexibility for phased development strategies or smaller user requirements. Existing improvements on the property include two homes and a barn. One residence is currently leased and the property remains subject to a grazing lease, with both occupants scheduled to vacate within 60 days of closing. Sellers will retain owned minerals (91.67%) while waiving all surface rights for mineral access.

The long-term outlook for the corridor continues to strengthen through ongoing public infrastructure investment. TXDOT is currently completing improvements to Moore Ave (FM 893) that is expanding the roadway from two lanes to 5 lanes with a middle turn lane significantly improving traffic flow and visibility along the corridor. In addition, the City of Portland has proposed future reconstruction of Stark Road as a three-lane collector roadway featuring sidewalks, curbs, gutters and underground utilities. Combined with Portland’s proactive approach toward long-term utility and water infrastructure planning, these improvements further enhance the property’s appeal as a premier future development opportunity within the Coastal Bend market.

Investment highlights

  • ±23.79 Acres Available at the NW Corner of Moore Ave (FM 893) & Stark Rd
  • Divisible to Approximately 10 Acres
  • Excellent Visibility with Dual Frontage along Two Key Corridors
  • Adjacent to W.C. Andrews Elementary School
  • Suitable for Retail, Office, Medical, Multifamily, Senior Housing or Mixed-Use Development
  • Strong Demographics within One of the Coastal Bend’s Fastest-Growing Communities
  • Flat, Developable Topography outside FEMA Floodplain
  • Utilities Available Including Water, Sewer, Electric & Storm Drainage
  • Residential Natural Gas Located Near the Site
  • Zoned R-6 with Potential for PUD Zoning Upon City Approval
  • TXDOT Planning Expansion of Moore Ave (FM 893) from 2 to 5 Lanes
  • Future City Improvements Planned for Stark Road
  • Portland Officials Continue Advancing Long-Term Water Supply Solutions including Brackish Groundwater Wells & Desalination of the well water
  • City Representatives Have Indicated Water Capacity Is Currently Available for Commercial Development
  • Located Within a Regional Growth Corridor Supported by Continued Industrial & Population Expansion

Listing Contacts

MC
TX 0409080
Cravey Real Estate Services Inc
Listed by Cravey Real Estate Services Inc

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