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    87 At Skyline Dr Bolivar Peninsula, TX 77650

    Sponsored
    For Sale
    $2,250,000

    Prime 55-Acre Texas Coastal Tract

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 55-acre commercial property in Galveston County, Texas, presents a unique investment opportunity. Located on Highway 87 at Skyline Drive in Bolivar Peninsula (zip code 77650), this unrestricted, FEMA-insured land boasts approximately 436 feet of frontage on State Highway 87. Its strategic location offers less than a mile from the City of Crystal Beach and less than 0.7 miles from beach access, making it ideal for various developments. The property also features valuable water frontage on the Intracoastal Waterway (ICW), adding significant appeal. Situated approximately 2,200 feet from the Waterways residential development, this undeveloped, raw land is perfect for a variety of uses, including commercial development, residential development, or an RV park. The asking price is $2,250,000. This prime coastal location combines accessibility, natural beauty, and significant development potential, presenting a rare chance to acquire a substantial land holding in a high-demand area. The property's size and location make it an attractive investment for developers seeking to capitalize on the growing tourism and residential markets in the Bolivar Peninsula area.

    Property Features for 87 At Skyline Dr

    General Information

    Property type
    Land
    Lot Size
    2,395,800 SF

    HighLights

    • 436 feet of State Highway 87 frontage.
    • Less than one mile from Crystal Beach.
    • Intracoastal Waterway frontage.
    • Less than 0.7 miles to beach access.
    • Approximately 2,200 feet from Waterways residential development.
    • Ideal for bay houses or an RV park, near the beach.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bolivar Peninsula
    County
    Galveston
    State
    Texas
    Longitude
    -94.65648
    Latitude
    29.4479607

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    FAQs

    What type of property is this?
    Land - Prime 55-Acre Texas Coastal Tract
    Where is this land located?
    The property is located at 87 At Skyline Dr Bolivar Peninsula, TX.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: 436 feet of State Highway 87 frontage.; Less than one mile from Crystal Beach.; Intracoastal Waterway frontage.
    Request Owner's contact information
    87 At Skyline Dr 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
    87 At Skyline Dr Bolivar Peninsula, TX 77650
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