- County: Calhoun
- Zip: 77983
- Type: Commercial Property, Riverfront Property
- City: Seadrift
- Price: $2,100,000
- Acres: 290
- State/Zip: Texas 77983
- Status: Available
Located between the UCC Seadrift Operations (east and south) and the Seadrift Coke LP (north), this 290 acres with 1320 feet of Victoria Barge Canal (VBC) frontage and 3055 feet along Hwy 185 south is extremely well positioned for industrial and/or commercial use. Offered at below recent appraised value this is an exceptional opportunity for immediate use or long-term investment along a rapidly growing commercial waterway. Currently operated as a cattle ranch the holding costs on the property are extremely low with a 1-D-1 agricultural valuation. The property is flat with considerable huisache regrowth throughout.
Seadrift Coke has a barge docking station along the VBC adjacent to the property to the northwest, as does the UCC plant to the southwest of the property.
Power runs through the property from the Coke plant to the UCC plant. Rail is located across Hwy 185.
Flood Plain: According to the FEMA flood map approximately 25-30% of the property lies within the flood plain while the remainder is in an area of minimal flood risk outside the flood plain.
Easements consist of multiple pipelines and electric transmission lines. None are thought to adversely affect potential industrial uses and may be able to be utilized for feedstock purposes in an industrial application.
Zoning/Restrictions: None known
Deer, dove, duck, alligator and hog hunting are great and the fishing exceptional with catches of red drum and speckled trout abundant in the VBC.
Mitigation Bank Potential: Being there are approximately 90 acres of coastal marshland there is the potential for establishing a Mitigation Bank.
Victoria Barge Canal
The Victoria Barge Canal is a 35 mile long waterway that connects the Turning Basin in Victoria to the Gulf Intracoastal Waterway (GIWW). The distribution advantage of the canal is its link with the GIWW and the major shipping lines that service ports on the Texas coast. The GIWW not only links the Gulf Coast from Brownsville, Texas, to Apalachee Bay, Florida, but also the Mississippi River, Ohio River and their connecting canals and river basins. This links Victoria to Minneapolis/St. Paul, Chicago and the Great Lakes, Pittsburgh, Pennsylvania, and Knoxville, Tennessee to mention only a few locations on the 26,000 mile Inland Waterway system. Barge Canal 35 miles from Gulf Intracoastal Waterway. Channel depth of 12 +3 and a channel width of 125.
UCC Seadrift Operations
Located just across the Hwy 185 and to the south is the UCC Seadrift Operations, the second largest Dow facility in Texas, spanning about 4,700 acres and employing more than 1,200 people. UCC Seadrift Operations operates as one manufacturing complex, with eight production plants owned by Dow and one plant owned by Braskem.
The information contained herein has been gathered from sources deemed reliable; however, Republic Ranches, LLC and its principals, members, officers, associates, agents and employees cannot guarantee the accuracy of such information. The information contained herein is subject to changes, errors, omissions, prior sale, withdrawal of property from the market without prior notice, and approval of purchase by owner. Prospective buyers should verify all information to their satisfaction. No representation is made as to the possible value of this investment or type of use, and prospective buyers are urged to consult with their tax and legal advisors before making a final determination.
Real Estate buyers are hereby notified that real properties and its rights and amenities in the States of Texas; Oklahoma; and New Mexico are subject to many forces and impacts whether natural, those caused by man, or otherwise; including, but not limited to, drought or other weather related events, disease (e.g. Oak Wilt or Anthrax), invasive species, illegal trespassing, previous owner actions, neighbor actions and government actions. Prospective buyers of Texas real estate, New Mexico real estate or Oklahoma real estate should investigate any concerns regarding a specific real property to their satisfaction.
When buying investment property the buyers agent, if applicable, must be identified on first contact and must be present at initial showing of the property listing to the prospective real estate investor in order to participate in real estate commission. If this condition is not met, fee participation will be at sole discretion of Republic Ranches, LLC.
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