WHAT IS A BUYER'S PREMIUM?
Posted on 10/06/2019
A rare commercial development opportunity adjacent to Mall of the Mainland in Texas City.
This ±9.683-acre (±421,791 SF) commercial tract sits at the west side entry to Mall of the Mainland in Texas City, Texas, with frontage along two public streets and direct proximity to Emmett F. Lowry Expressway and I-45 South (Gulf Freeway). Zoned GB – General Business, the site is shovel-ready with public utilities available and offers a developer, investor, or owner-user a foothold in one of Galveston County's most recognizable retail corridors.
Property Highlights
• ±9.683 acres (±421,791 SF) of commercial land; ±8.560 net usable acres after drainage easement
• Two street frontages totaling ±1,922 linear feet
• Zoned GB – General Business (Texas City)
• Located outside the 100-year flood plain (Zone "Shaded X")
• All public utilities available (water, sewer, electric)
• Positioned at the west entry to Mall of the Mainland
• Free & Clear Title | No Back Taxes | No Liens | Title Insurance Available
• Subject to Sale Prior to the Auction without Notice – Pre-Auction Offers Welcomed – Brokers Protected
Location and Market Information
Texas City sits on the western shore of Galveston Bay in Galveston County, about 35 miles southeast of downtown Houston and roughly 15 miles from Galveston Island. The property is just west of the Gulf Freeway (I-45), the main commuter and freight corridor linking Houston, Clear Lake, League City and Galveston, at the Emmett F. Lowry Expressway (FM 1764) interchange.
Mall of Mainland (now Mainland City Centre) is a roughly 123-acre, ±819,000 SF former regional mall site that has been repositioned toward entertainment, fitness, education and service uses. Restaurant and hotel pads ring the property along Emmett F. Lowry Expressway and FM 2004. The surrounding communities of Texas City, La Marque, Dickinson, Hitchcock and League City form a large Galveston County trade area. It is supported by the Texas City petrochemical and port complex, NASA Johnson Space Center and the Clear Lake employment base, and year-round Galveston Island tourism traffic on I-45.
Location Advantages
• Direct access to Emmett F. Lowry Expressway and I-45 South (Gulf Freeway)
• Immediate trade area anchored by Mall of the Mainland, with new national retail construction underway nearby (HomeGoods, Marshalls, Burlington, Academy Sports + Outdoors at Shops at La Marque; McDonald's, Chipotle, Raising Cane's, 7 Brew at the adjacent pad)
• Within a growing 5-mile trade area of ±88,670 residents and ±34,061 households (2025 Esri estimates), projected to grow through 2030
• ±30 minutes from downtown Houston and the Houston Ship Channel/petrochemical employment corridor
• Serves Texas City, La Marque, Dickinson, and the broader Galveston County market
Tranzon Asset Advisors of Texas, LLC, # 9008058, Kelly D. Toney, TX Auctioneer #11818, Broker #0421809
10% Buyers Premium based on the high bid and other terms apply.
Property Inspection: Drive By Anytime
Bidding Closes: Tues 11/17 at 2:00pm CT
Contact Kelly Toney at 713-816-1123 or ktoney@tranzon.com
