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Evergreen Memorial Pkwy

1.33 Acres of Commercial Land Offered at $950,000 in Kemah, TX 77565

Investment Highlights

  • Easy access to FM 518 and Highway 146
  • Nearby Hotel construction underway
  • Proposed Commercial Development / Business Park on Ralph Gordy Avenue
  • +/- 361' of Frontage on Evergreen Memorial Parkway
  • Proposed +/- 89-acre subdivision would extend Evergreen Memorial Parkway to Highway 96

Executive Summary

The subject property is a 1.33-acre lot located on Evergreen Memorial Parkway (formerly Bel Road) between FM 518 and Ralph Gordy Avenue in Kemah, TX. Positioned directly behind Kemah Marketplace, which hosts Walmart, Petco, Ross, Marshalls, and more, the site is ideal for various commercial development uses. The lot offers approximately 360 feet of frontage, and offsite detention is possible (pending approval). Evergreen Memorial Parkway and Ralph Gordy Avenue provide new access points for retail and entertainment businesses, including a proposed hotel development. Additionally, Kemah Crossing, a nearby subdivision under construction on approximately 89 acres, will extend Evergreen Memorial Parkway south, connecting it to Highway 96. The ongoing SH-146 expansion project is already enhancing the area, facilitating easier access to nearby recreation and entertainment. This is an excellent opportunity to secure prime commercial land in this rapidly growing area!

Property Facts

Price $950,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Hospitality
  • Carwash
  • Daycare Center
  • General Freestanding
  • Healthcare
  • Health Club
  • Hotel
  • Medical
  • Restaurant
  • Storefront
  • Storefront, Retail or Office
  • Strip Center
Total Lot Size 1.33 AC

1 Lot Available

Lot

Price $950,000
Price Per AC $714,286
Lot Size 1.33 AC

The subject property is a 1.33-acre lot located on Evergreen Memorial Parkway (formerly Bel Road) between FM 518 and Ralph Gordy Avenue in Kemah, TX.

Description

The subject property is a 1.33-acre lot located on Evergreen Memorial Parkway (formally Bel Road) between FM 518 and Ralph Gordy Avenue in Kemah, TX. Situated directly behind the Kemah Marketplace, home to Walmart, Petco, Ross, Marshalls and more, the site is ideal for a variety of commercial development uses. The lot has approx. 360 feet of frontage and offsite detention is possible (pending approval). Evergreen Memorial Parkway and Ralph Gordy Avenue create new access points for retail and entertainment businesses, including a hotel development currently under construction on Ralph Gordy Avenue. These newly constructed roads have also opened up more than 100 acres of land for future commercial development and create an alternative route for traffic as Highway 146 is widened over the next few years. Proposed plans for a new, nearby subdivision on nearly 89 acres would result in Evergreen Memorial Parkway expanding south and connecting to Highway 96. This is an excellent opportunity to secure prime commercial land in this burgeoning area!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4361-0000-0007-000
Land Assessment
$318,780
Improvements Assessment
$0
Total Assessment
$318,780

zoning

Zoning Code N/A
N/A
  • Listing ID: 22153744

  • Date on Market: 2/3/2021

  • Last Updated:

  • Address: Evergreen Memorial Pkwy, Kemah, TX 77565

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