11203 Termini-San Luis Pass Rd Galveston, TX 77554
This exceptional 45-acre beachfront property in Galveston, Texas, presents a rare development opportunity. Located on approximately 1000 linear feet of beachfront and Highway 3005 (Termini-San Luis Pass Road), this land is situated about one mile west of the Galveston Seawall. The property comprises three contiguous parcels (APN: 7206-0000-0001-000, 7206-0000-0020-000, & 7205-0000-0501-002), with portions of the tracts classified as submerged land. Zoning is unrestricted, allowing for residential, commercial, or mixed-use development. Potential projects could include beachfront homes, condominiums, townhomes, or high-rise buildings. Furthermore, opportunities exist to rezone portions along Highway 3005 for commercial or retail uses, aligning with nearby developments like Tiera High Rise, Beachside, and Roseate Beach. The asking price is $7,900,000, translating to $175,000 per acre. Acreage and square footage are based on Galveston County tax records. A wetlands study is available upon request. Buyers are advised to conduct their due diligence regarding beachfront building guidelines, requirements, building codes, dunes, permits, wetlands regulations, and relevant governing agencies. Mineral rights are reserved. This is a unique chance to acquire a significant piece of prime Galveston beachfront real estate.
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
Similar Nearby for Sale
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.