12101 Ostermeyer Rd Galveston, TX 77554

Property Details for 12101 Ostermeyer Rd

Lot size

12.28 lot acres

Property type

Commercial real estate

APN

7206-0000-0269-002

Description

This exceptional 12.28-acre property, encompassing lots 269 (7.24 acres), 276 (4.04 acres), and 270 (1 acre), presents a unique investment opportunity in Galveston, Texas. Situated on Ostermeyer Road, the land boasts 198 feet of road frontage, offering excellent accessibility. Its strategic location places it within ¾ of a mile from the Gulf of Mexico and less than 1.5 miles from Galveston Bay, providing breathtaking water views. The property is zoned for both residential and agricultural use, opening up a range of development possibilities. Imagine building your dream "ranchette," complete with space for horses, all while enjoying the proximity to the renowned Los Palmas ranch, just 750 feet away. The property is located in an AE Flood Zone. This is a rare chance to acquire a substantial parcel of land in a highly desirable location. The seller is open to selling additional adjacent lots: 8.7 acres at 12023 Ostermeyer Road (Lot 256) and 3.6 acres at 11918 Stewart Road (Lot 235). A survey is available for review, and interested parties are encouraged to verify details with a local title company. The asking price for this remarkable property is $499,000, translating to approximately $40,635.18 per acre. The property's APN is 7206-0000-0269-002.