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Modern Galveston Parking Garage Facility
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320 Moody Avenue, Galveston, TX 77550

Six-story, 553-space parking garage in Downtown Galveston, Texas.

Property Size187,200 SF
Lot Size0.92 Acres
Price / SF$6.68
Days on Market85

Property Features for 320 Moody Avenue

General Information

Standard status Active
Size 187,200 SF
Lot size 0.92 Acres
Property subtype Special Purpose

Building Details

Year Built 2021
Listing Agency: Marcus & Millichap - Houston
Listed By: Keith Lloyd · License #TX 307120
Source: Crexi
Added: May 12 Changed: Jul 10 Last Checked: Aug 3 at 8:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Houston

Investment Insights

Based on property information with market context.

Located in the heart of Downtown Galveston, Texas, at 320 Moody Avenue, this is a 6-story, 553-space parking garage on 0.92 acres. Completed in 2021 by Gilbane Building Company, the institutional-grade garage was purpose-built to serve the adjacent One Moody Plaza office tower. It is connected directly via an enclosed pedestrian skybridge engineered to provide above-grade, weather-protected access across Galveston's flood-prone downtown streets. The property has 187,200 square feet. Of the 553 total spaces, 10 are ADA-accessible and 2 are van-accessible. The property also features a professionally landscaped garden with walkways and benches along the eastern elevation, adding street-level activation along Market Street. Galveston draws millions of visitors annually to its cruise terminals, historic Strand District, and waterfront attractions, keeping downtown parking utilization strong year-round.

Key Highlights

  • Modern, institutional‑grade parking garage completed in 2021.
  • Located in the heart of Downtown Galveston, a high‑demand parking market.
  • Features 553 parking spaces.

Property Analytics

Current Use

Parking lots & garages

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Home Appliance Store Plumbing Service Catering Service Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

546
Businesses Nearby
Balanced
Demand for This Use

Demographics for 77550, TX

24,247
Population
15,811
Households
1.5
Avg Household Size
41
Median Age
33%
College-Educated
87%
High-School Grad
7.6 sq mi
ZIP Area
3,190
Density / Sq Mi
$46,262
Median Household Income
$35,800
Median Earnings
$1,182
Median Rent
$283,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Parking lot & garage - Six-story, 553-space parking garage in Downtown Galveston, Texas.
Where is this parking lot & garage located?
The property is located at 320 Moody Avenue Galveston, TX.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Modern, institutional‑grade parking garage completed in 2021.; Located in the heart of Downtown Galveston, a high‑demand parking market.; Features **553 parking spaces**.
More about this property
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