1133 Bay Dr Bolivar Peninsula, TX 77650
- Land
- 31.95 lot acres
Current Use by Public Records
- Land
Property Details for 1133 Bay Dr
- Lot size
- 31.95 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bolivar Peninsula
- County
- Galveston
- State
- Texas
- Longitude
- -94.7026
- Latitude
- 29.427
