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7 1/2 Mile Rd & Termini San Luis Pass Rd 0.3 Acres of Commercial Land Offered at $349,500 in Galveston, TX 77554
INVESTMENT HIGHLIGHTS
- High traffic count
- Unobstructed views of the Gulf
- Easy access from FM 3005/Termini San Luis Pass Rd.
EXECUTIVE SUMMARY
This perfectly situated .32 Acre lot is zoned for Commercial/Mixed Use with direct access to 7 1/2 Mile Rd. Adjacent to the bustling FM 3005/Termini San Luis Pass Rd., this property offers a great Gulf view. Next to the popular Cooper's Landing restaurant, it's an exceptional opportunity for residential land development. Build your dream home, or a multiplex in this prime location. Or, embrace the potential for a commercial venture by adding the lot next door. Don't miss out on this amazing opportunity to own a piece of Galveston's charm!
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
$1,264
|
$4,213.33
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$1,264
|
$4,213.33
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Taxes | |
|---|---|
| Annual | $1,264 |
| Annual Per AC | $4,213.33 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $1,264 |
| Annual Per AC | $4,213.33 |
PROPERTY FACTS
1 LOT AVAILABLE
Lot 25
| Price | $349,500 | Lot Size | 0.30 AC |
| Price Per AC | $1,165,000.00 |
| Price | $349,500 |
| Price Per AC | $1,165,000.00 |
| Lot Size | 0.30 AC |
This perfectly situated .32 Acre (per Galveston CAD) lot is zoned for Commercial/Mixed Use with direct access to 7 1/2 Mile Rd. Adjacent .32 Acre lot is also available for purchase.
DESCRIPTION
Vacant, corner lot on busy main roadway that leads to Galveston's West End. Prime location zoned Commercial-Mixed Use. Perfect for a small retail center or office building, multi-family project, or simply buy and hold as an investment. Adjacent lot is also for sale. Seller will entertain all reasonable offers.
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PROPERTY TAXES
| Parcel Number | 6545-0000-0025-000 | Total Assessment | $188,510 (2025) |
| Land Assessment | $188,510 (2025) | Annual Taxes | $1,264 |
| Improvements Assessment | $0 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
6545-0000-0025-000
Land Assessment
$188,510 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$188,510 (2025)
Annual Taxes
$1,264
Tax Year
2024
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7 1/2 Mile Rd & Termini San Luis Pass Rd
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