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    257.8 Acres On Hwy 87 Bolivar Peninsula, TX 77650

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    For Sale
    Contact for pricing

    Prime 257.8-acre Texas industrial site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 257.8-acre tract of land presents a unique deepwater development opportunity on Highway 87 in Port Bolivar, Texas, zip code 77650. Strategically located with approximately 5,350.3 feet of deepwater frontage on the Bolivar Roads Channel, a natural navigable strait with a depth of 45 feet (14 meters), this site offers significant advantages over locations further inland on the Houston Ship Channel. Estimated vessel transport time reductions of up to six hours in each direction translate to substantial demurrage cost savings. The property's proximity to existing pipelines, including potential connections to the Speed Junction and Nederland Pipelines, further enhances its appeal. The site is suitable for a 3 million barrel bulk storage facility, marine terminal, and associated docking, port, and off-take infrastructure. The land is comprised of several parcels, including approximately 52 acres, 92 acres, 101 acres, and 12.8 acres, along with 72 acres of upland area. Access is readily available via I-10 East through High Island and I-45 South via the Bolivar Ferry. Essential utilities, including electricity and water/sewer, are available. The property is located within Galveston County and the Galveston ISD taxing districts. This location offers a compelling investment opportunity for mid-stream energy operations seeking a strategic "blue water" site with significant cost and time advantages.

    Property Features for 0 257.8 Acres On Hwy 87

    General Information

    Property type
    Land
    Lot Size
    11,229,768 SF

    HighLights

    • 257.8‑acre land parcel in Port Bolivar, TX, suitable for commercial and industrial development.
    • Strategic location offering reduced vessel transport time and demurrage costs compared to the Houston Ship Channel.
    • Potential for 3 MM BBIs of storage, marine terminal, and related facilities.
    • Access from I‑10 East and I‑45 South.
    • Deepwater frontage of approximately 15,350 linear feet on Bolivar Roads Channel, a natural navigable strait with 45‑foot depth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bolivar Peninsula
    County
    Galveston
    State
    Texas
    Longitude
    -94.758105
    Latitude
    29.3647458

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    FAQs

    What type of property is this?
    Land - Prime 257.8-acre Texas industrial site.
    Where is this land located?
    The property is located at 257.8 Acres On Hwy 87 Bolivar Peninsula, TX.
    What are key features of this property?
    This property features: 257.8-acre land parcel in Port Bolivar, TX, suitable for commercial and industrial development.; Strategic location offering reduced vessel transport time and demurrage costs compared to the Houston Ship Channel.; Potential for 3 MM BBIs of storage, marine terminal, and related facilities.
    Request Owner's contact information
    257.8 Acres On Hwy 87 Bolivar Peninsula, TX 77650
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    Bolivar Peninsula, TX 77650
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    257.8 Acres On Hwy 87 Bolivar Peninsula, TX 77650
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