3201 Tx-87 Bolivar Peninsula, TX 77650
- Land
- 197.00 lot acres
Current Use by Public Records
- Land
Property Details for 3201 Tx-87
- Lot size
- 197.00 lot acres
- Property type
- Land
Description
This expansive 197-acre property in Bolivar Peninsula, Galveston County, Texas, presents a remarkable investment opportunity for developers. Located at 3201 TX-87, zip code 77650, this commercially zoned land offers significant potential for mixed-use development, encompassing commercial, residential, and potentially hospitality components. A proposed site plan is available. The property boasts 1,765 feet of frontage and is conveniently situated near Galveston, accessible by a short drive and ferry ride. The area is renowned for its natural beauty, including proximity to Galveston Bay, offering excellent fishing opportunities. Nature enthusiasts will appreciate the nearby Anahuac and McFaddin National Wildlife Refuges, and the Houston Audubon Society sanctuaries at High Island, including the Globally Important Bird Area of Bolivar Flats. Essential utilities, including sanitary sewer and water, are readily available at the site, with electric service across the highway. The asking price is $5,577,858, translating to approximately $0.65 per square foot. Buyers are advised to conduct their own due diligence regarding wetlands and jurisdictional classification of acreage. This is a truly exceptional opportunity to create a landmark project on the upper Texas Coast.
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
- -94.5873
- Latitude
- 29.4772
