12719 Hwy Galveston, TX 77550
This exceptional 4.1-acre parcel, located at 12719 Hwy 1764 in Santa Fe, Galveston County, Texas, 77550, presents a remarkable investment opportunity. Priced at $1,435,000 ($355,285/acre), this property boasts over 650 feet of frontage on Hwy 1764, near the intersection of Hwy 646. The land is cleared and leveled, featuring four existing paved access culverts, and is ready for immediate development. Its versatile Commercial & Residential zoning allows for a wide range of uses, including residential subdivisions, retail centers, warehouses, distribution facilities, and light industrial projects. The property's strategic location offers convenient access to Hwy 45 via Hwy 1764 and Hwy 646, placing it within easy reach of a thriving community. Nearby amenities include a newly developed convenience store and retail center. The property comprises four lots (Tax IDs: 7055-0000-0016-005, 7055-0000-0016-002, 7055-0000-0016-003, 7055-0000-0016-001), totaling approximately 4.1 acres. Lot sizes are approximately 1.48 acres, 1.7 acres, 0.711 acres, and 0.22 acres respectively. Prospective buyers are advised to verify acreage and square footage using the attached survey and consult a local title company. Explore local sponsorship and development opportunities by contacting the Santa Fe Economic Development Division. This property offers significant potential for substantial returns.
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
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.