Current Use by Public Records
- Land
Property Details for 87 257.8 Acres On Hwy
- Lot size
- 257.80 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 257.8-acre tract of land presents a unique deepwater development opportunity on Highway 87 in Port Bolivar, Texas, zip code 77650. Strategically located with approximately 5,350.3 feet of deepwater frontage on the Bolivar Roads Channel, a natural navigable strait with a depth of 45 feet (14 meters), this site offers significant advantages over locations further inland on the Houston Ship Channel. Estimated vessel transport time reductions of up to six hours in each direction translate to substantial demurrage cost savings. The property's proximity to existing pipelines, including potential connections to the Speed Junction and Nederland Pipelines, further enhances its appeal. The site is suitable for a 3 million barrel bulk storage facility, marine terminal, and associated docking, port, and off-take infrastructure. The land is comprised of several parcels, including approximately 52 acres, 92 acres, 101 acres, and 12.8 acres, along with 72 acres of upland area. Access is readily available via I-10 East through High Island and I-45 South via the Bolivar Ferry. Essential utilities, including electricity and water/sewer, are available. The property is located within Galveston County and the Galveston ISD taxing districts. This location offers a compelling investment opportunity for mid-stream energy operations seeking a strategic "blue water" site with significant cost and time advantages.
Value Estimations
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AI approach
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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
- State
- Texas
- Longitude
- -94.7581
- Latitude
- 29.3647
