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CR 2004 177 Acres of Commercial Land Offered at $9,880,990 CAD in Taft, TX 78390



Investment Highlights
- Ideal for subdivision development.
- Full utilities available through City of Portland.
- Entire site located outside the 100-year flood plain.
- Located in highly desirable City of Portland.
- One-half mile of frontage along County Rd 2004.
- Located 1/4 mile from the new Fox Landing Subdivision by Fox Home Builders. Home values between $300-$370K.
Executive Summary
This opportunity offers ±177 acres in Portland, Texas, on the north side of Corpus Christi Bay. The site is south of County Road 2004, within the incorporated boundaries of the City of Portland.
Property Facts
| Price | $9,880,990 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 177.00 AC |
| Property Type | Land |
| Price | $9,880,990 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 177.00 AC |
1 Lot Available
Lot 1
| Price | $9,880,990 CAD | Lot Size | 177.00 AC |
| Price Per AC | $55,824.80 CAD |
| Price | $9,880,990 CAD |
| Price Per AC | $55,824.80 CAD |
| Lot Size | 177.00 AC |
Residential development opportunity.
Description
Prime land development opportunity in the path of growth. The site has seven pipeline easements that bisect the property (three natural gas, two crude oil, two highly volatile liquid). The site also has six drill sites on the property (three plugged gas wells, two dry holes, one plugged oil well).
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $111,162 CAD | Total Assessment | $111,162 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$111,162 CAD
Improvements Assessment
$0 CAD
Total Assessment
$111,162 CAD
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CR 2004
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