1902 31St StGalveston, TX 77550

  • Commercial real estate
  • 3,526 SF
For Sale
$695,000 View listing

Property Details for 1902 31St St

Year built
1995
Construction
FRAME
Lot size
0.08 AC
Property size (Sq ft)
3,526 SF
Property type
Commercial real estate
APN
3510-0089-0002-001
APU
351000890002001

Description

This exceptional commercial property, located at 1902 31st Street in Galveston, Texas, presents a unique investment opportunity. The building offers 1,211 square feet of versatile space, ideal for a variety of commercial uses. Its prime location in Galveston offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strong foothold in this vibrant coastal city. The property sits on a lot with no acreage specified, providing ample space for potential expansion or outdoor activities depending on zoning regulations. The asking price for this property is $695,000. This represents a compelling value for a commercial property in a desirable location like Galveston. The building's existing structure provides a solid foundation for immediate occupancy or renovation to suit specific business needs. Further due diligence is recommended to fully assess the property's potential and suitability for intended use. Interested parties are encouraged to conduct thorough inspections and review all relevant documents before making an offer. The property's location within Galveston offers proximity to various amenities and attractions, potentially enhancing its appeal to both businesses and customers. This presents a rare chance to acquire a well-situated commercial property in a thriving Texas coastal community. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $826,562
    Hospitality
    $757,126
    Educational
    $629,920
    Medical
    $651,584
    Retail
    $979,876

Location Insight

City
Galveston
County
Galveston
State
Texas
Latitude
29.2896
Longitude
-94.7982
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2018
$3,568
$44,100
$187,800
$231,900
-
$44,100
$187,800
$231,900

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