Seth Equities has been exclusively retained to market 200 6th Street, a 1.0215-acre, 44,500-square-foot fee-simple development site located at the southwest corner of 6th Street and Harris Avenue in Kemah, Texas. Offered at $1,500,000, or $33.71 per square foot, the property provides a rare opportunity to control a development-scale infill site within the walkable core of the Kemah Boardwalk trade area. Recorded as Unrestricted Reserve “A,” Block 1 of Nautic Kemah, the reverse-L-shaped parcel offers approximately 445 linear feet of frontage across three 60-foot public rights-of-way: 200 feet along Harris Avenue, 145 feet along 6th Street and 100 feet along Texas Avenue. The “Unrestricted Reserve” designation relates to the recorded subdivision plat; zoning, permitted uses and applicable development standards remain subject to confirmation with the City of Kemah. The property is substantially site-improved, with approximately 35,500 square feet of reinforced concrete paving installed in 2017, site electrical service and pole-mounted lighting, perimeter wall and fencing, controlled access and multiple existing curb cuts. Utilities are reported to be in place, subject to independent verification of availability and capacity. Net of the recorded building line and easements identified in the Offering Memorandum, the site is estimated to provide an approximately 38,000-square-foot unencumbered building envelope, subject to confirmation through an updated title commitment and survey. The leading development concept is an 85–100-key extended-stay hotel configured with four guestroom levels above at-grade parking. The conceptual planning analysis contemplates an approximately 18,000–20,000-square-foot building footprint and approximately 100 parking spaces through a combination of tuck-under and surface parking. At the asking price, the land basis equates to approximately $15,000 per key at 100 keys and $17,647 per key at 85 keys. The elevated guestroom configuration also provides a potential design response to the property’s FEMA Zone AE designation and 14-foot base flood elevation by locating occupied floors above at-grade parking. All key counts, parking assumptions, finished-floor elevations and development concepts are preliminary and remain subject to municipal review, architectural test fit, floodplain requirements and the purchaser’s independent due diligence. Location is one of the property’s principal differentiators. The site is approximately one-third of a mile from the 60-acre Kemah Boardwalk entertainment district, immediately within the surrounding marina, hospitality and restaurant cluster, and approximately 950 feet north of the existing 128-key Courtyard by Marriott on Harris Avenue. State Highway 146 runs immediately west of the district, providing regional connectivity to Interstate 45, the Clear Lake employment corridor, Texas City and Galveston. The Offering Memorandum also identifies multiple public and private initiatives within the surrounding trade area, including the registered Boardwalk Bay waterpark expansion, a 57-acre park and nature area under development, and the 6th Street Pavilion and Lighthouse District streetscape project at the procurement stage. Purchasers should underwrite the property based on the existing trade area and treat the timing and completion of future projects as potential upside rather than committed demand. Ownership has reported informal verbal site-suitability feedback from IHG and Marriott regarding extended-stay concepts. These indications are not written franchise approvals or commitments, do not run with the land and convey no franchise right or expectancy. Any purchaser pursuing a branded hotel must independently apply to the applicable brand and satisfy all impact, prototype, site and franchisee qualification requirements. While the extended-stay hotel concept represents the leading use identified in the Offering Memorandum, the site may also support a restaurant or retail pad, an outdoor-forward hospitality or entertainment venue, or a multi-pad program with shared parking, subject in each case to zoning, parking, floodplain, utility and development approvals. 200 6th Street is offered fee simple, all cash at closing, and is to be delivered free and clear of liens. Offers will be reviewed as received, and no call-for-offers deadline has been established. A Confidential Offering Memorandum and available due diligence materials are available to qualified prospects through Seth Equities. Cooperation with licensed Texas real estate brokers is invited, subject to prior written agreement.