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Property profile & analytics
OFF-MARKET
Commercial real estate

511 Grand Ave Bacliff, TX 77518

Property ID
US83-4224533
Property summary
AI-generated overview

This exceptional commercial real estate opportunity encompasses three lots totaling 9,375 square feet, strategically located at 511 Grand Ave, Bacliff, Texas, 77518, in Galveston County. The property is zoned for commercial mixed use, offering significant versatility for development. Currently featuring a house, this presents a buyer with the option to renovate the existing structure or demolish it to create a new commercial building. Grand Avenue boasts exceptionally high traffic volume, with Texas Department of Transportation data indicating over 10,000 vehicles passing daily, ensuring excellent visibility and accessibility for any business. This prime location presents a rare chance to capitalize on the high traffic count and diverse zoning possibilities. The asking price for this significant commercial land parcel is $205,000. The property's location provides easy access to a substantial customer base, making it an ideal investment for entrepreneurs and developers seeking a high-impact commercial presence in a thriving area. This is a unique opportunity to acquire a substantial commercial property in a high-traffic area with significant development potential.

Property profile
Verified
Property type Commercial real estate
UPID US83-4224533
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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