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2912 & 2914 Avenue R 1/2
Galveston TX 77550 US

$995,000

Active Listing ID 50009291
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Lot: 0.24 Acres
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$995,000

Active Listing ID 50009291
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2912 & 2914 Avenue R 1/2 A brand-new food truck facility spanning two adjacent lots at 2912 & 2914 Avenue R 1/2, Galveston, TX. Just opened in November 2025, this turnkey commercial investment is fully built out and ready to generate strong, predictable income. Property Highlights Two side-by-side lots Up to 5 food trucks per lot – 10 total Zoning: HDDZ-Comm All utilities in place: Electric, water, and sewer / Newly developed facility with modern infrastructure / Ideal location for Galveston’s growing food truck and tourism market Pro Forma Financials Rental Income: $1, 500 per truck x 10 = $15, 000/month Estimated Expenses: $3, 000/month (electricity, water & sewer) Net Operating Income: $12, 000/month Annual NOI: $144, 000 Pro Forma Cap Rate: 14.5% This is a rare opportunity to acquire a newly opened, high-cap-rate commercial asset in a strong coastal market with built-in demand and scalability. Perfect for investors seeking cash flow, minimal deferred maintenance, and long-term upside.

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Property Features

  • Facts
  • Lot Size: 0.24 Acres
  • Property Type: Land
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Cleared

School Information

  • School
  • GISD OPEN ENROLL(Elementary)
  • GISD OPEN ENROLL(MiddleSchool)
  • BALL HIGH SCHOOL(HighSchool)

Property

  • propertytype: Land
  • propertysubtype: Other
  • listprice: 995000
  • unparsedaddress: 2912 & 2914 Avenue R 1/2
  • postalcity: Galveston
  • stateorprovince: TX
  • country: US
  • postalcode: 77550
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.2358
  • lotsizeunits: Acres
  • lotsizearea: 0.2358
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 29.286068
  • longitude: -94.795382
  • listagentfullname: Austin Jones
  • listagentemail: austinjones@kw.com
  • listagentkey: 3yd-HARMLSTX-ADJones
  • listagentmlsid: ADJones
  • listagentpreferredphone: 2817296604
  • listagentofficephone: 7133400371
  • listofficekey: 3yd-HARMLSTX-KWCN01
  • listagentstatelicense: 0703792
  • listofficemlsid: KWCN01
  • disclaimer: Copyright © 2025 Houston Realtors Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: HARMLSTX
  • listingcontractdate: 2025-12-22
  • countyorparish: Galveston
  • parcelnumber: 3510-0139-1011-000
  • elementaryschool: GISD OPEN ENROLL
  • highschool: BALL HIGH SCHOOL
  • elementaryschooldistrict: 22 - Galveston
  • middleorjuniorschooldistrict: 22 - Galveston
  • highschooldistrict: 22 - Galveston
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • view: Water
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • exteriorfeatures: Cleared
  • architecturalstyle: Other
  • utilities: Cable Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • vegetation: Cleared
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -94.79538, 29.286068
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Houston Central", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"austinjones@kw.com", "ListBrokerageCity":"Houston", "ListBrokerageCountry":"US", "ListBrokerageEmail":"klrw1146@kw.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Keller Williams Houston Central", "ListBrokeragePhone":"713-340-0371", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"711 Milby St. Suite 100", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"711 Milby St. Suite 100", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Houston", "ListOfficeCountry":"US", "ListOfficeEmail":"klrw1146@kw.com", "ListOfficePostalCode":"77023", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"Land - Galveston, TX", "ListingURL":"https://listings.listhub.net/pages/HARMLSTX/50009291/?channel=rexren", "MLSModificationTimestamp":"2025-12-22T13:28:41Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Land", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1603, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/22/2025 10:35:22 PM GMT
Source Updated Date: 12/25/2025 7:03:30 AM GMT

Courtesy of: Austin Jones, Keller Williams Houston Central, austinjones@kw.com

Copyright © 2025 Houston Realtors Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.