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Property profile & analytics
OFF-MARKET
Land

1365 Tx-87 Bolivar Peninsula, TX 77650

50 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 50-acre property in Galveston County, Texas, presents a unique investment opportunity. Located at 1365 TX-87, Bolivar Peninsula, zip code 77650, this unrestricted land boasts approximately 433 feet of frontage on State Highway 87, offering significant visibility and accessibility. A key feature is its water frontage on the Intracoastal Waterway (ICW), providing picturesque views and potential for waterfront development. The property's strategic location is less than 1.5 miles from the popular Camp Margaritaville Resort and under a mile from the City of Crystal Beach, ensuring proximity to amenities and attractions. Beach access is conveniently located approximately 0.7 miles away. The expansive acreage is ideal for a variety of commercial and residential developments, including the creation of bay houses, capitalizing on the high demand for coastal properties in this desirable area. The asking price for this remarkable parcel is $2,250,000. This is a rare chance to acquire a substantial tract of land with exceptional features in a thriving coastal community.

Property profile
Verified
Property type Land
Lot 50 ac (2,178,000 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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