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Waterfront, Pal Acios Texas

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Waterfront, Pal Acios Texas Waterfront, Palacios TexasPalacios, Texas 77465 805 ACRES $6,500,000 La Buena Vida$8,075 PER ACRE $ 805-ACRE WATERFRONT RESIDENTIAL DEVELOPMENT OPPORTUNITY N Waterfront, Palacios Tx. ± 96 ENTIRE ± 805 ACRES ACRES Tres Palacios Bay ± 223 Turtle Bay ACRES BEACHSIDE BLVD CT RD 321 ± 474 ACRES CAMP HULEN 35 SH 35 BUSINESS TEXAS S HWY 35 COMPLETE OFFERING SUMMARY Palacios, Texas is a beautiful coastal town on the Gulf of Mexico in Southeast Texas. The town is well located within a short drive from the major metropolitan areas of Houston (1 hr. 20 min), San Antonio (2.5 hrs.), and Austin (2.5 hrs.), which makes the town an ideal seaside getaway. Palacios was originally founded in 1822 and named after the governor at the time Jose Felix Trespalacios. As the town grew into the twentieth century, camp Hulen, (subject property) was established and housed the 36th Infantry of the Texas National Guard. During World War II, Camp Hulen was leased to the US War Department and became a training facility housing up to 15,000 personnel as well as a number of German prisoners of War. Camp Hulen closed in 1946, the population of Palacios began to decrease and this quaint, sleepy town became home to many immigrants from Mexico and Vietnam. These new residents have helped Palacios establish itself as a quiet fishing village on the South Texas Gulf Coast. Which makes Palacios the perfect place for new, coastal development. A place folks can go, to escape the stress of Big City Life. PROPERTY HIGHLIGHTS • Located within designated Opportunity Zone • Former Camp Hulen Military Base during WWII • Excellent residential resort development opportunity • 15,000 linear feet of coastline on Turtle Bay • Will subdivide and sell separately • Close proximity to Palacios Municipal Airport • All utilities to the property • Less than a 2 hour drive from Austin/San Antonio • Adjacent to Beachside Resort Community • Peninsula bulkheaded on both sides • Possible annexation into Beachside Resort Community • Property is closer to Sugar Land than Galveston • Located very close to part of Palacios allowing for easy • Over $20 Million in existing capital improvements access to shopping and fresh seafood on adjacent property including new roads, curb and gutter, clubhouse with swimming pool, and other amenities SPREAD 02 805 ACRES Waterfront, Palacios Tx Of leisure on the Texas coastline WATERFRONT COMMUNITY IDEAL LOCATION Palacios, Texas is within 2.5 hour 805 acres available adjacent drive of three major metropolitan to Beachside waterfront community areas of Houston, Austin and with direct access to Turtle Bay, San Antonio Tres Palacios Bay and Gulf of Mexico Making Palacios the perfect leisure getaway location on the Texas Gulf Coast 35 TEXAS HENDERSON AVE N 1ST ST NORTHERN TRACT ± 474 AC CAMP HULEN PALACIOS MAIN ST CENTER TRACT ± 223 AC TURTLE BAY TRES PALACIOS BAY PENINSULA TRACT ± 96 AC SPREAD 03 N Collegeport Palacios Tres Palacios Bay Port Lavaca Lavaca Bay Magnolia Beach Matagorda Bay Port Oconnor Seadrift AUSTIN 2.5 HOURS Espiritu Santo Bay 170 MILES Gulf of Mexico HOUSTON 2 HOURS 110 MILES SAN ANTONIO 2.5 HOURS 180 MILES VICTORIA SITE NOTE: DRIVETIME TO PALACIOS FROM SUGAR LAND, TX IS SHORTER THAN DRIVE TIMES TO GALVESTON CORPUS CRISTI Gulf of Mexico 2 HOURS 120 MILES SPREAD 04 N 35 TEXAS TURTLE BAY NORTHERN TRACT ± 474 ACRES CAMP HULEN SH 35 BUSINESS CT RD 32 SH 35 BUSINESS The Good Life SITE PLAN - NORTHERN TRACT N PALA D584 RESET 1963 SE ELEV.: 9.50 NAVD ‘88 LEGEND SW STATE HIGHWAY NO. 35 1140’15 R.O.W.I ACRES 160 AC NORTH 13,456,049.77 CRAIG A. WALLIS. ET AL FSR FOUND 5/8 INCH DIAMETER STEEL REBAR EAST 2,847,926.79 VOC. 535. PAGE 47 DEED RECORDS WITH YELOW PLASTIC CAP STAMPED 10.18 ACRES LAMESA CORPORATION “URBAN SURVEYING, INC.” INSTR. # 2002026801 SE END MEANDERS OF OFFICIAL RECORDS SSR SET 5/8 INCH DIAMETER STEEL REBAR 3.75 ACRES 39.48 ACRES WITH YELLOW PLASTIC CAP STAMPED 160 AC TURTLE BAY SHORELINE LAMESA CORPORATION TURTLE BAY COVE. LTD. El Paso Field VOL. 734. PG. 886 “URBAN SURVEYING, INC.” NORTHERN TRACT NORTH 13,453,819.59 INSTR. # 2004048354 Services DEED RECORDS OFFICIAL RECORDS HIGHLIGHTS EAST 2.848,051.45 27’ x 45’ FSR FSR SSR 34.4457 ACRES • Located within designated LAMESA CORPORATION CLEAK FILE NO. 062316 Opportunity Zone D.R.M.C.T. • 1 mile of water front on NE NW NE 160 AC SSR Turtle Bay NW 160 AC 160 AC CONTROL POINT 115 ELEV.: 10.13 NAVD ‘88 • Frontage and access NORTH 13,453,824.80 EAST 2,849,725.08 along Hwy 35 12TH STREET • Utilities available from COLLINS DRIVE City of Palacios BAY OF TURTLE SHORTLINE 474.10 ACRES BEARINGS AND DISTANCES SW SE NO. 35. BUSINESS (100’ R.O.W.I) HIGHWAY STATE SW SE BEGIN MEANDERS OF 160 AC 160 AC 160 AC TURTLE BAY SHORELINE STATE HIGHWAY NO. 35. BUSINESS (100’ R.O.W.) NORTH 13,448,716.77 TURTLE EAST 2.847.711.25 BAY SPREAD 05 PALACIOS MUNICIPAL CT RD 316 AIRPORT - PSX 35 TEXAS SH 35 BUSINESS TURTLE BAY BEACHSIDE BLVD CENTER TRACT ± 223 ACRES N TRES PALACIOS BAY Beautiful Coastal Town SITE PLAN - CENTER TRACT N NW NE NW 160 AC 139.79 AC 10.86 ACRES CAMP HULEN RM 3 ELEV.: 9.90 NAVO’88 NORTH 13,446,025.39 EAST 2,852,103.34 223.38 ACRES CENTER TRACT SE HIGHLIGHTS 70 AC • Located within designated CONTROL POINT 100 Opporuntiy Zone ELEV.: 3.14 NAVO’88 • 223 acres within Gated NORTH 13,445,602.57 TURTLE Community of Beachside EAST 2,852,072.65 • Utilities to the property BAY • Possible annexation into HOA Beachside community • Canals partially in place SPREAD 06 N PALACIOS BAY POINT DRIVE TRES PALACIOS BAY CAMP HULEN DR PENINSULA TRACT ± 96 ACRES TURTLE BAY SITE PLAN - PENINSULA TRACT END MEANDERS OF TURTLE BAY SHORELINE N PENINSULA TRACT NORTH 13,443,731.87 HIGHLIGHTS EAST 2,847,240.99 SHORELINE OF TURTLE BAY • Within designated JENSEN POINT ELEV.: 5.95 NAVD’88 BEGIN MEANDERS OF NORTH 13,444,106.37 96.70 TRES PALACIOS BAY SHORELINE Opportunity Zone EAST 2,842,207.39 NORTH 13,443,214.87 ACRES EAST 2,848,350.55 • Fully bulkheaded WOODEN END EXISTING BRIDGE • Utilities to the property line WOODEN BULKHEAD FACE OF EXISTING WOODEN BULKHEAD NORTH 13,442,190.23 • Within Gated Community of EAST 2,846,395.43 BEGIN EXISTING WOODEN BULKHEAD Beachside 30’ wide Permanent Easement to Matagorda County-Palacios NORTH 13,441,902.48 Seawall Commission recorded in Volume 319, Page 731, Official Records. Matagorda County, Texas EAST 2,846,729.64 • Possible annexation into HOA BEGIN EXISTING WOODEN BULKHEAD Beachside Community BEARINGS AND DISTANCES NORTH 13,439,933.97 BEARINGS AND DISTANCES SHORELINE OF TRES PALACIOS BAY • 3 miles of bulkheaded water SHORELINE OF TURTLE BAY EAST 2,842,243.42 front on Turtle Bay and Tres Palacios Bay BEARINGS AND DISTANCES • Ideal location for fishing 30’ wide Permanent Easement to Matagorda County-Palacios Seawall Commission recorded in Volume 319, Page 731, Official Records. Matagorda County, Texas and water based recreation FACE OF EXISTING WOODEN BULKHEAD BEARINGS AND DISTANCESEND EXISTING WOODEN BULKHEAD NORTH 13,439,704.22 EAST 2,842,887.26 INTERSECTION OF TURTLE SHORELINE OF TRES PALACIOS BAY AND SHORELINE OF TURTLE BAY NORTH 13,438,402.97 BAY EAST 2,839,776.85 SHORELINE OF TRES PALACIOS BAY SPREAD 07 Waterfront, Palacios Texas 805-ACRE WATERFRONT RESIDENTIAL DEVELOPMENT OPPORTUNITY SPREAD 08 ALEX MAKRIS HOAN LE JEFF PITTMAN © 2020 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your LAND SERVICES LAND SERVICES LAND SERVICES responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are Tel: 713 577 1827 Tel: 713 577 1675 Tel: 713 305 9289 for example only and do not represent the current or future performance of the property. The value of this transaction to you depends [email protected] [email protected] [email protected] on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. .
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