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Property profile & analytics
OFF-MARKET
Land

11203 Termini-San Luis Pass Rd Galveston, TX 77554

45 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 45 ac (1,960,200 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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