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0 Termini San Luis Pass Rd

116 Acres of Residential Land Offered at $9,600,000 in Galveston, TX 77554

Executive Summary

"Exclusive 116-Acre Galveston Bayfront Development Opportunity – Prime Land with Immediate Build Authorization"

• Premier Location: Situated at the esteemed address of 0 Termini San Luis Pass Road, this expansive 116.11-acre property offers a rare opportunity to invest in one of Galveston's most sought-after locations.
• Ready for Development: Comes with an Area Jurisdictional Delineation (AJD), providing the green light for immediate development commencement.
• Strategic Positioning: Located on the northern edge of Termini San Luis Pass Road and the southern brink of Galveston Bay, adjacent to the upscale Bay Harbor subdivision.
• Substantial Size: The property spans approximately 5,057,577 square feet (±), offering vast space for potential residential development or investment retention.
• Legal Clarity: Encompasses a significant tract within Abstract 12, Hall & Jones Survey, Tract 11, with precise measurements and descriptions sourced from official GCAD records and surveys.
• Zoning Compliance: Resides within an unincorporated area of Houston city limits, adhering to Galveston zoning regulations suitable for potential residential development.
• Unique Topography: Appx. 82 acres of contiguous non-jurisdictional land, making it one of the last few large-scale properties available on the island with such distinctive topography.
• Comprehensive Documentation: Includes detailed surveys (subject to availability), tax records, numerous studies, and a full addendum for due diligence and verification purposes.
• Investment Potential: An unparalleled chance to own and develop one of Galveston's remaining large tracts of land, offering a unique blend of location, size, and development readiness that is unmatched in the current market.
Schedule Appointment w/listing agent by calling Denise Sims at 409.877.6252. Secure Property after showing. Call for Title Company, Submit offers to texas.re.sims@gmail.com with POF/Pre-approval letter. Please note in older photos, might show wetlands. The seller has filled in most of the wetlands. There are approx. 82-acres of no wetlands and about 34-acres that are at the perimeters of the property. Information provided is deemed reliable but is not guaranteed & should be independently verified. Buyer/Buyer's Agent to verify measurements, schools, & tax.
Directions:
Starting from 61st & Seawall head west for approx.18 miles. You will pass Terramar Beach & Bay Harbor subdivisions. Then there will be a KOA site just before the destination. The current 3-acre easement is marked w/yellow caution tape (my sign will be there once it's completed) until then look for the yellow caution tape, at this time you are not able to enter at this easement. However, just before the easement there's a gate to the neighboring property that has given permission to enter through to view the property through the gate w/cattle guard. Please close the gate when enter & close, lock it back when exiting. If available, I can meet you. To ride the property, you will want to be in a truck.

Property Facts

Price $9,600,000
Sale Type Investment
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 116.00 AC

1 Lot Available

Lot

Price $9,600,000
Price Per AC $82,759
Lot Size 116.00 AC

This includes two parcels. Parcel ID 117449 is appx. 113 acres. Parcel ID 600139 is appx. 3 acres. This lot does have an Approved Jurisdictional Determination from the Army Corps of Engineers. There is appx. 82 acres of continuous land.

Description

This includes two parcels. Parcel ID 117449 is appx. 113 acres. Parcel ID 600139 is appx. 3 acres. This lot does have an Approved Jurisdictional Determination from the Army Corps of Engineers. There is appx. 82 acres of continuous land.

  • Listing ID: 31652768

  • Date on Market: 4/30/2024

  • Last Updated:

  • Address: 0 Termini San Luis Pass Rd, Galveston, TX 77554

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