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South Shore Dr - SOUTH SHORE 4 1.65 Acres of Commercial Land Offered at $2,700,000 in Port Isabel, TX 78578

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INVESTMENT HIGHLIGHTS

Appx. 450' of WATERFRONT PROPERTY ON THE INTRACOASTAL WATERWAY!

EXECUTIVE SUMMARY

OPPORTUNITY ZONE! 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. 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. Check this and other commercial properties out at PortIsabelCommercial.com.
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	$12,000	$7,272.73
Operating Expenses	-	-
Total Expenses	$12,000	$7,272.73

FINANCIAL SUMMARY (ACTUAL - 2020)

Taxes
Annual	$12,000
Annual Per AC	$7,272.73

Operating Expenses
Annual	-
Annual Per AC	-

Total Expenses
Annual	$12,000
Annual Per AC	$7,272.73

PROPERTY FACTS

Price	$2,700,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial Retail Office Mixed Use Multifamily Hospitality Apartment Units - Condo Apartment Units - Senior Contractor Storage Yard Convenience Store Distribution Fast Food General Freestanding Hold For Development Hold For Investment Hotel Manufactured Homes or Mobile Home Park Motel Restaurant Schools Single Family Development Warehouse
No. Lots	1	Total Lot Size	1.65 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Commercial

Price	$2,700,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Mixed Use Multifamily Hospitality Apartment Units - Condo Apartment Units - Senior Contractor Storage Yard Convenience Store Distribution Fast Food General Freestanding Hold For Development Hold For Investment Hotel Manufactured Homes or Mobile Home Park Motel Restaurant Schools Single Family Development Warehouse
Total Lot Size	1.65 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Commercial

1 LOT AVAILABLE

Lot 16-18&1-6

Price	$2,700,000	Lot Size	1.65 AC
Price Per AC	$1,636,363.64

Price	$2,700,000
Price Per AC	$1,636,363.64
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.