3201 Tx-87Bolivar Peninsula, TX 77650

For Sale
$5,577,858
Prime Coastal Development Opportunity. Exceptional Investment.

Overview

Added:
Dec 11, 2024
Days on market:
126
This expansive 197-acre property in Bolivar Peninsula, Galveston County, Texas, presents a remarkable investment opportunity for developers. Located at 3201 TX-87, zip code 77650, this commercially zoned land offers significant potential for mixed-use development, encompassing commercial, residential, and potentially hospitality components. A proposed site plan is available. The property boasts 1,765 feet of frontage and is conveniently situated near Galveston, accessible by a short drive and ferry ride. The area is renowned for its natural beauty, including proximity to Galveston Bay, offering excellent fishing opportunities. Nature enthusiasts will appreciate the nearby Anahuac and McFaddin National Wildlife Refuges, and the Houston Audubon Society sanctuaries at High Island, including the Globally Important Bird Area of Bolivar Flats. Essential utilities, including sanitary sewer and water, are readily available at the site, with electric service across the highway. The asking price is $5,577,858, translating to approximately $0.65 per square foot. Buyers are advised to conduct their own due diligence regarding wetlands and jurisdictional classification of acreage. This is a truly exceptional opportunity to create a landmark project on the upper Texas Coast.

Highlights

  • 197-acre site
  • $0.65 PSF
  • Utilities available on-site
  • Commercially and residentially zoned
  • 1,765 feet of frontage

Property Details for 3201 Tx-87

Property type
Land
Lot Size (sq. ft)
8,581,320 SF

Location Insight

City
Bolivar Peninsula
County
Galveston
State
Texas
Latitude
29.477203
Longitude
-94.587314
3201 Tx-87, Bolivar Peninsula, Texas

FAQs

What type of property is this?
Land - Prime Coastal Development Opportunity. Exceptional Investment.
Where is the land located?
The property is located at 3201 Tx-87 Bolivar Peninsula, TX.
What is the asking price?
The asking price for this property is $5,577,858.
What are key features of this property?
This property features: 197-acre site; $0.65 PSF; Utilities available on-site
How can I contact the broker?
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3201 Tx-87
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