Property summary
This exceptional Galveston Island property, located just one block from the historic Seawall at 3622 85th Street, presents a unique investment opportunity. The 3,210 square foot building, constructed in 1985 and extensively renovated in 2023, sits on a 12,371 square foot lot and features two stories with 16-foot ceilings. Currently configured as a multi-use space including a bar and restaurant, with executive office potential, this property generates a strong monthly income of $5,500. The… versatile zoning permits commercial, office, retail, and residential uses, offering significant flexibility for future development. The property includes two full bathrooms and two half bathrooms, along with spacious ground-level outdoor living areas. Ample parking is available on the fenced lot, supplemented by street parking. Its successful history as an event space, rented at $250 per hour and marketed on platforms like Peerspace.com and QQartspace.com, demonstrates its high earning potential. The asking price is $825,000. This property is ideal for investors seeking a strong return or entrepreneurs looking for a versatile space in a vibrant Galveston location. The property consists of two units within a single building.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2018
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,210 SF
- Lot area
- 0.28 ac
- Year built
- 1985
- Stories
- 1
- APN
- 4335-0000-0027-000
- Assessed value · 2023
- $385,000
- Annual tax · 2018
- $2,580
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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