0 9 Mile Rd Galveston, TX 77554
This exceptional 6.9-acre land lot presents a unique investment opportunity in Galveston, Texas. Ideally situated off 9 Mile and Oystermeyer Road, this property boasts a versatile Commercial zoning designation, allowing for a wide range of development possibilities. The expansive, level land is ready for immediate development, whether for agricultural use, a private retreat, or a commercial venture. Its convenient location offers easy access to Galveston's beaches, historic attractions, and local amenities, providing both tranquility and accessibility. The property includes a recently completed survey, ensuring a smooth transition for potential buyers. While the land offers picturesque views and peaceful surroundings, prospective purchasers are responsible for verifying city codes, utility availability (sewer and water taps), and any applicable restrictions. Priced at $895,000, this parcel presents a compelling opportunity for those seeking a substantial land holding in a desirable coastal location. The APN is 7206-0000-0206-001. This is a rare chance to acquire a significant piece of Galveston real estate with immense potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.