Unlock the potential of Galveston's rapidly revitalizing Midtown district with this 5,240 sqft (.12-acre) development opportunity. Positioned in the path of growth and surrounded by ongoing new construction and redevelopment, this property comes with engineering plans in place for an 8-unit apartment complex — allowing investors to accelerate timelines and reduce upfront planning costs. The lot also features valuable alley access, providing added flexibility for parking, service entry, and efficient site design — an important advantage for multifamily development. With strong demand for multifamily housing in the area, this site is ideally suited for developers seeking to capitalize on rental income potential and long-term appreciation. Whether you move forward with the existing plans or tailor the project to your own vision, the location and existing groundwork make this a standout investment.
| Date | Event | Price |
|---|---|---|
| · | Ter | $80,000 |
| · | Exp | $88,000 |
| · | Exp | $95,000 |