1133 Bay Dr Bolivar Peninsula, TX 77650
This exceptional 31.95-acre commercial land parcel in Port Bolivar, Texas, presents a unique investment opportunity. Located at 1133 E Bay Dr, Galveston County, zip code 77650, this undeveloped, raw land is part of an unrecorded subdivision called East Bay Estates. The property boasts convenient access from both Boyt Rd and E Bay Dr S, placing it less than 425 feet from SH 87 access, less than 0.4 miles from a yacht basin on Boyt Rd, and within 1.9 miles of the Margaritaville Resort. Beach access is conveniently located less than 0.6 miles away, and Crenshaw Elementary School is also within 0.6 miles. Its strategic location makes it ideal for various commercial developments, such as bay houses or an RV park, capitalizing on its proximity to the beach and resort amenities. The property is FEMA insured, offering additional peace of mind. Furthermore, the anticipated completion of a new Entergy substation in 2025 on the Bolivar Peninsula promises increased electricity supply, supporting the expected growth in Port Bolivar and enhancing the property's long-term value. The asking price for this significant land holding is $1,750,000.
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
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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.