FM 518 & Lawrence Rd Kemah, TX 77565
Commercial/Industrial - Sale
PROPERTY OVERVIEW
+/- 3 aC - +/- 36.5 aC
AGENT
Laurie Carter
817-682-4143
lcarter@lancarte.com
AGENT
Kristen Fegley
214-668-2607
kfegley@lancarte.com
AGENT
Darren Cain
832-418-0611
dcain@lancarte.com
EXECUTIVE SUMMARY
Rare opportunity to acquire up to +/- 36.5 acres of prime infill land with no zoning restrictions and access to public utilities. Approximately 18.8 acres is available near the northeast corner of FM 518 and Lawrence Road, with another +/- 17.7 acres available for future development adjacent to the north. 8.9 acres is also available on the hard corner. An assemblage of this size offers a rare chance to acquire a substantial and strategically located infill property ideal for a high-impact mixed-use development. This property stands out due to its comprehensive access to public utilities, low tax rate, premium visibility, favorable demographics, and versatile development options. The area’s growth is further accelerated by the pending completion of Highway 146’s $220M expansion, greatly improving traffic flow and accessibility.
ZONING
No Zoning
UTILITIES
Storm, Water, Sewer
COUNTY
Galveston
UTILITY PROVIDER
Galveston, Water Control & Improvement, District 12
ASKING PRICE
Contact Broker
CITY OF KEMAH TAX RATE
$0.01695
UTILITY PROVIDER
Purchaser shall work with independent consultant to confirm location, sizing, and capacity of utility line
Pricing
Pricing was recently reduced to reflect ownership’s desire to sell. Please consult with broker for options.
Deal Struture Flexibility
Ownership is open creative deal structures, including JV options, seller-financing, or selling off smaller portions;
Please reach out for further details – all reasonable offers will be considered.
Floodplain-Free Development potential
+/- 3.2 acres outside the 100-year floodplain offer flexibility for a large building footprint or multiple structures. Ideal for high-impact development.
Versatile Site Features
Use the remaining acreage for parking, green space, or mobility infrastructure, maximizing the site's utility while maintaining floodplain compliance.
Exceptional Access and Connectivity
Strategically located near Highway 146, which recently completed a $220M expansion, easing congestion and enhancing site accessibility. Proximity to I-45 further improves connectivity to Houston and Galveston.
Utilities and Low Taxes
Ready access to public utilities provided by Galveston County Water Control & Improvement District #12. Situated in a low-tax jurisdiction with no zoning restrictions, offering unmatched development flexibility.Highway 146 expansion project
will improve traffic counts and drive new residential and commercial development.
Unmatched Market Demographics
Average household income exceeding $130,000.
Growing population with access to high-paying employment nodes and strong consumer demand.
Premier Location
Close to Kemah Boardwalk (4M annual visitors) and NASA's Space Center. Perfect for commercial ventures leveraging regional tourism and vibrant community growth.
LOCATION HIGHLIGHTS
Prime site nestled between Houston & Galveston - Ideally located 30 minutes southeast of Houston and 30 minutes north of Galveston, just off the intersection of State Highway 146 and Red Bluff Rd., only two minutes from the Galveston Bay, 25 minutes to Hobby Airport and 26 minutes to Ellington Airport, home to Houston Spaceport, the U.S. military and NASA. The 12,000-foot runway, commercial airport also has UPS distribution handling on site. This is the least congested major terminal area in Houston with multimodal rail that serves the entire nation.
Superior Industrial location - Less than ten miles to Highway 225 (Pasadena Freeway), less than twelve miles to the major junction of Beltway 8 and Highway 225, and four miles to Bay Area Business Park
SHIPPING PORTS
TGS CEDAR PORT INDUSTRIAL PARK
At over 15K acres, is the largest master-planned, rail-and-barge served industrial park in the U.S
PORT OF HOUSTON BARBOURS CUT TERMINAL
BAYPORT TERMINAL
The largest containere terminal on the U.S. Gulf Coast and when fully developed will generate more than 32,000 jobs and add approximately $1.6 billion to the Texas economy. Also located here is the Bayport Auto Terminal (formerly a cruise terminal) which has been re-purposed to accommodate Ro Ro (Roll on/Roll off) operations for new inbound vehicles for distribution.
Highway 146 reconstruction
Construction Scope: $200M + project commenced in 2019 to widen from 6 lanes to 12 lanes.
Express Bridge: Includes building a new 12,600’ long bypass bridge to help ease congestion.
Economically significant corridor serving as a main connector between coastal communities and Galveston, TX. Completed in early 2024.
INCOME
The average annual household income in Kemah is $112,778, while the median household income sits at $94,286 per year.
VISITORS
Kemah is a popular destination, attracting over 4 million visitors each year. The reason for its popularity is its vibrant atmosphere.
Kemah Area Statistics
Kemah, TX is home to a population of 1.95k people, from which 93.1% are citizens. As of 2022, 12% of Kemah, TX residents were born outside of the country (233 people).
IN 2020
94k
AVERAGE
136k
IN 2024
98k
KEMAH BOARDWALK
2.3M
IN 2029
102k
MEDIAN
103k
WALMART
FM 518
4.8M
GROWTH RATE 2029
8.9%
MEDIAN HOUSE PRICE
351k
TARGET CLEAR LAKE
