51.67 Ac. Commercial-Residential , Galveston Island

$12,206,000.


County: Galveston
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General Info

  • Property Name:51.67 Ac. Commercial-Residential , Galveston Island
  • County:Galveston
  • City:Galveston
  • Acres:51
  • Status:Active
  • Live Water:No

Description

51.67+/-  Acres GALVESTON, GALVESTON ISLAND, Galveston County, Texas

This commercial property is being offered as 5 separate tracts of land along famous Seawall Boulevard, and Stewart Drive, on the Texas Gulf Coast. (See below for Parcels and Pricing) Besides outstanding views, the land is just south of the main downtown, and has proximity to hotels, resorts and other developments plus is a short 5 minute drive from notable Moody Gardens or the Sholes Airport.  Parcels can be purchased independently or in combinations. 

The land has wonderful established neighbors, the Courtyard Marriott and Towne Place Suites Marriott to the north, and Diamond Beach Resort at the south end.

UTILITIES: City of Galveston water; fire hydrants in place. Water main and sewage along entire frontage of Seawall Boulevard and Steward Road.

DOCUMENTS AVAILABLE UPON REQUEST : Independent Appraisal, Plat, Survey, Land Development Regulations/Galveston, 2015 - Please call Broker

PARCEL                            ACRES                 SQ. FEET                        

Parcel 1A (Front Portion) 19.31                    841,143                  $15. PSF               $12,617,000.00

Parcel 1B (Rear Portion)  6.42                      279,655                 $1.50 PSF              $419,000.00

Parcel 2 (Stewart Road) 10.94                     476,546                  $1.49 PSF              $710,000.00

Parcel 3 (rear of 4)          9.28                      404,267                 $1.50 PSF               $610,000.

Parcel 4 (Seawall Blvd.)  4.18                      182,080                  $15. PSF                $2,731,000.00

Parcel 5 (Seawall Blvd.)  1.54                      67,082                   $15. PSF                 $1,006,000.00

TOTAL:    51.67+/-  ACRES                         2 250,773 SF.                                        $18,093,000.

Note: Texas law requires all real estate licensees to give the following Information About Brokerage Services: http://www.trec.state.tx.us/pdf/contracts/OP-K.pdf

All properties are shown by appointment with Dullnig Ranches. Buyer's Brokers must be identified on first contact and must accompany client or customer on first showing to participate in compensation.

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