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623 Commerce St
Portland, TX 78374
Land For Sale
·
0.29 AC
Executive Summary
This 0.285 Acre property is 2 lots together with around ~95 feet of road frontage on Commerce in Portland. Lot 1 is 142.5' deep x 25' along the road, rectangular. Lot 1A is actually an old street Right of Way, 70' across the street x varying depth from ~107-147'. Ask your agent to see the survey. Zoned in the Olde Town II (2) district, this is THE area of town that allows Special Permits for mixed use such as Commercial (i.e. Retail or Office space), Single-family Residential, certain types of Multi-family Residential, and Light Industrial (i.e. self-storage or metal "warehouses"). Also near the City's new Leisure & Entertainment District. It's adjacent to three other properties for sale (buying all 4 could end up with ~370 feet of frontage; NOTE: 4 different Selling Entities). Overhead electric line in back, and City water and sewer are nearby, but the City would charge for tapping into the lines. Buyer responsible for ascertaining gas availability and utility install cost.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.29 AC |
| Property Type | Land |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.29 AC |
1 Lot Available
Lot 1 & 1a
| Price | $110,000 | Lot Size | 0.29 AC |
| Price Per AC | $384,829.33 |
| Price | $110,000 |
| Price Per AC | $384,829.33 |
| Lot Size | 0.29 AC |
Property Taxes
| Parcel Number | 70416 | Improvements Assessment | $0 |
| Land Assessment | $18,482 | Total Assessment | $18,482 |
Property Taxes
Parcel Number
70416
Land Assessment
$18,482
Improvements Assessment
$0
Total Assessment
$18,482
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