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    2179 Tx-87 Bolivar Peninsula, TX 77617

    Sponsored
    For Sale
    $120,000

    Beachfront Commercial Lot, 12,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 12,600 square foot lot presents a unique investment opportunity on the Bolivar Peninsula in Galveston County, Texas. Located at 2179 TX-87, zip code 77617, this property boasts a coveted corner location offering unparalleled views of the bay and the beach. Its versatile zoning allows for a variety of uses, including commercial development and residential construction, making it ideal for building a vacation home or establishing a thriving business. The expansive lot size provides ample space for a substantial structure and landscaping, ensuring privacy and maximizing the breathtaking waterfront vistas. Situated in the desirable Bolivar Peninsula community, this property offers easy access to local amenities and attractions while maintaining a tranquil, coastal atmosphere. The asking price for this remarkable land parcel is $120,000. Don't miss this chance to own a piece of paradise with significant potential for growth and return on investment. The property's latitude and longitude coordinates are 29.512807, -94.489118 respectively. This is a truly rare opportunity to acquire a large, versatile lot in a highly sought-after coastal location. The property is classified as Commercial, Islands, and Residential.

    Property Features for 2179 Tx-87

    General Information

    Property type
    Private islands

    HighLights

    • 12,600 SF lot in Galveston County, TX, at 2179 TX‑87, zip code 77617.
    • Corner lot with bay and beach views.
    • Versatile zoning allows for commercial or residential development.
    • $120,000 asking price.
    • Located on the Bolivar Peninsula.
    Property Profile Location Intelligence

    Current Use by Public Records

    Private islands

    Map

    City
    Bolivar Peninsula
    County
    Galveston
    State
    Texas
    Longitude
    -94.489118
    Latitude
    29.512807

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    FAQs

    What type of property is this?
    Private island - Beachfront Commercial Lot, 12,600 SF
    Where is this private island located?
    The property is located at 2179 Tx-87 Bolivar Peninsula, TX.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: 12,600 SF lot in Galveston County, TX, at 2179 TX-87, zip code 77617.; Corner lot with bay and beach views.; Versatile zoning allows for commercial or residential development.
    Request Owner's contact information
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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
    2179 Tx-87 Bolivar Peninsula, TX 77617
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