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    12719 Hwy 1764 Galveston, TX 77550

    Sponsored
    For Sale
    $1,435,000

    Prime Galveston County land, ready for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.1-acre parcel, located at 12719 Hwy 1764 in Santa Fe, Galveston County, Texas, 77550, presents a remarkable investment opportunity. Priced at $1,435,000 ($355,285/acre), this property boasts over 650 feet of frontage on Hwy 1764, near the intersection of Hwy 646. The land is cleared and leveled, featuring four existing paved access culverts, and is ready for immediate development. Its versatile Commercial & Residential zoning allows for a wide range of uses, including residential subdivisions, retail centers, warehouses, distribution facilities, and light industrial projects. The property's strategic location offers convenient access to Hwy 45 via Hwy 1764 and Hwy 646, placing it within easy reach of a thriving community. Nearby amenities include a newly developed convenience store and retail center. The property comprises four lots (Tax IDs: 7055-0000-0016-005, 7055-0000-0016-002, 7055-0000-0016-003, 7055-0000-0016-001), totaling approximately 4.1 acres. Lot sizes are approximately 1.48 acres, 1.7 acres, 0.711 acres, and 0.22 acres respectively. Prospective buyers are advised to verify acreage and square footage using the attached survey and consult a local title company. Explore local sponsorship and development opportunities by contacting the Santa Fe Economic Development Division. This property offers significant potential for substantial returns.

    Property Features for 12719 Hwy 1764

    General Information

    Property type
    Land
    Lot Size
    178,596 SF

    HighLights

    • $1,435,000 asking price for 4.1 acres of commercially and residentially zoned land.
    • Located at 12719 Hwy 1764, Santa Fe, TX 77550, in Galveston County.
    • APN: 7055‑0000‑0016‑005, 7055‑0000‑0016‑002, 7055‑0000‑0016‑003, 7055‑0000‑0016‑001.
    • Land is cleared, leveled, and ready for development, featuring over 650 feet of frontage on Hwy 1764 and four existing paved access culverts.
    • Suitable for various uses including residential, retail, warehouse, distribution, and light industrial development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Galveston
    County
    Galveston
    State
    Texas
    Longitude
    -95.094992884167
    Latitude
    29.390892451395

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    FAQs

    What type of property is this?
    Land - Prime Galveston County land, ready for development.
    Where is this land located?
    The property is located at 12719 Hwy 1764 Galveston, TX.
    What is the asking price?
    The asking price for this property is $1,435,000.
    What are key features of this property?
    This property features: $1,435,000 asking price for 4.1 acres of commercially and residentially zoned land.; Located at 12719 Hwy 1764, Santa Fe, TX 77550, in Galveston County.; APN: 7055-0000-0016-005, 7055-0000-0016-002, 7055-0000-0016-003, 7055-0000-0016-001.
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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
    12719 Hwy 1764 Galveston, TX 77550
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