2179 Tx-87 Bolivar Peninsula, TX 77617
This exceptional 12,600 square foot lot presents a unique investment opportunity on the Bolivar Peninsula in Galveston County, Texas. Located at 2179 TX-87, zip code 77617, this property boasts a coveted corner location offering unparalleled views of the bay and the beach. Its versatile zoning allows for a variety of uses, including commercial development and residential construction, making it ideal for building a vacation home or establishing a thriving business. The expansive lot size provides ample space for a substantial structure and landscaping, ensuring privacy and maximizing the breathtaking waterfront vistas. Situated in the desirable Bolivar Peninsula community, this property offers easy access to local amenities and attractions while maintaining a tranquil, coastal atmosphere. The asking price for this remarkable land parcel is $120,000. Don't miss this chance to own a piece of paradise with significant potential for growth and return on investment. The property's latitude and longitude coordinates are 29.512807, -94.489118 respectively. This is a truly rare opportunity to acquire a large, versatile lot in a highly sought-after coastal location. The property is classified as Commercial, Islands, and Residential.
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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.