1302 Wildcat DrPortland, TX 78374

  • Commercial real estate
  • 3,780 SF

Property Details for 1302 Wildcat Dr

Year built
1985
Construction
WOOD
Lot size
0.41 AC
Property size (Sq ft)
3,780 SF
Property type
Commercial real estate
APN
1168-0001-0001-007
APU
116800010001007

Description

This 3,780 square foot multi-tenant shopping center, built in 1985, sits on a 0.41-acre lot at 1302 Wildcat Drive in Portland, Texas, 78374. The property enjoys a prime location on a busy commercial street between US Highway 181 and an HEB Grocery Store, surrounded by a strong retail and restaurant cluster including Starbucks, McDonald's, Walgreens, Chick-fil-A, and Freddy's. This area boasts impressive demographics, with average household incomes ranging from $122,671 to $131,368 within a 1-3 mile radius (ESRI 2024 data). Portland, Texas, situated in San Patricio County, is experiencing significant retail and industrial growth. San Patricio County's economic development corporation reports $37 billion in capital investment over the past decade, with further expansion anticipated. This robust growth is evident in recent additions to the Portland retail landscape, including a new Target (the first in the Coastal Bend since 1987), Raising Cane's, James Avery Jewelry, Chipotle, Smoothie King, Five Guys Burgers, and Aspen Dental, with more developments on the horizon. This shopping center presents a compelling investment opportunity in a thriving Texas market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $563,193
    Hospitality
    $515,882
    Educational
    $429,208
    Medical
    $443,969
    Retail
    $667,656

Location Insight

City
Portland
County
San Patricio
State
Texas
Latitude
27.883
Longitude
-97.3187
CBSA code
18580
CBSA name
CORPUS CHRISTI, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$17,044
$182,860
$577,011
$759,871
-
$182,860
$577,011
$759,871

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