Partnership Dissolution - Rare Large AC Tract on Galveston I
Auction
Partnership Dissolution - Rare Large AC Tract on Galveston Island
P&T Bay Properties LLC is disolving their partnership and this single asset company must sell the property immediately!
Approx. 92.005 ACs or 14,007,737.80 SF of land
Location is the West End of Galveston Island off of Termini-San Luis Pass Road and Terramar Dr.
Zoning: Planned Development
Topography: Grade level
Utilities:
o Electricity: Available
o Water/Sewer: Available
o Gas: Available
Flood Hazard: V Zone
The Property is adjacent to residential on the east and south boundaries of the property.
There is approx. 1,000 LF along the canal on the eastern boundary of the property.
There is approx. 1,400 LF of waterfront on Galveston Bay
Unobstructed views of Galveston Bay on the north and west boundary lines
The west boundary of the Property is owned by Galveston County which is currently a bird sanctuary
Seller estimates that approximately 60 ACs of the land are available for development
According to statements from the Corps of Engineers, approx.. 28 ACs can be developed if the same amount of land is converted into wetlands by planting a specific species of grass, 1:1.
Approx. 17 miles from 61st St and the Seawall to the Property.
Market Area: Galveston is a coastal resort city and port off of the southeast coast on Galveston Island and Pelican Island. The community of 209.2 square miles, with a population of 50,550 (2010 Census) is the county seat of surrounding Galveston County and second largest municipality in the county. It is also within the Houston Metropolitan area at its southern end on the northwestern coast of the Gulf of Mexico.
Much of Galvestons economy is centered in the tourism, health care, shipping and financial industries. The 84 Acre University of Texas Medical Branch campus with an enrollment of more than 2,500 students is a major economic force of the city. Galveston is home to six historic districts containing one of the largest and historically significant collections of 19th century buildings in the U.S. with over sixty structures listed on the National Register of Historic Places.
The tourism industry creates one billion dollars in economic activity each year from over 7 Million visitors
Galveston Island attractions include:
o The Strand National Historic District;
o Moody Gardens Aquarium Pyramid, Rainforest Pyramid & Discovery Pyramid;
o Schlitterbahn Waterpark;
o Pleasure Pier;
o Texas Seaport Museum;
o Railroad Museum;
o Lone Star Flight Museum;
o Ocean Star Offshore Drilling Rig Museum;
o The Grand 1894 Opera House;
Galveston is home to Texas A&M University Galveston & The University of Texas Medical Branch
Tranzon Asset Advisors Texas LLC TX Broker #9008058, Kelly D. Toney, TX Auctioneer #11818
10% Buyers Premium and other terms apply
Property #: TAA1936
Auction Date & Time: Bidding ends November 19th
at 2:00pm CT
Preview Date & Time:
Drive by anytime
Property Location:
0 Terramar
Galveston, TX 77552
Contact Kelly Toney at 888-791-7307 ext. 88 or ktoney@tranzon.com
North MS, Memphis Area Industrial/Commercial Dev. Land
Auction
North MS, Memphis Area Industrial/Commercial Development Land Auction
327.7 +/- Acres Commercial and Industrial Land
Excellent Frontage and Visibility on Goodman Rd and I-269 Comprising Entire SEQ of the Intersection
Approximately 5,000 of Frontage Facing I-269 and 2,500 Facing Goodman Rd/MS 302
Situated Directly in the Path of Growth of Memphis/North Mississippis Booming Industrial Sector
Major National Credit Tenants Moving Into the Area
Commercial and Industrial Zoning in Place
Approximately 70 Acres in Cultivation
Located in Chickasaw Trails Industrial Park (for more info go to: www.marshallcoms.com/chickasaw-trail- industrial-park-mississippi.html)
Existing Infrastructure in the Area - 12 Water Line, 12 Sewer Line, 6 Gas Line
Extensive Site Information Available
Tax Credits and Other Incentives Available
Rare Opportunity to Purchase this Large Prime Development Property at Online Auction
Dont Miss This Fantastic Opportunity to Acquire This Outstanding Marshall County Development Property at Your Price!
Tranzon Asset Advisors, Tim Mast, MS Firm, Auctioneer & Broker #1087. In Cooperation with Commercial Advisors, Dave Curran and Matt Weathersby
10% Buyers Premium and other terms apply
Property #: TAA1937
Auction Date & Time: Bidding ends October 24th
at 2:00pm CT
Preview Date & Time:
Drive by anytime
Property Location:
I-269 and Highway 302/Goodman Road
Byhalia, MS 38611
Contact Tim Mast at 888-791-7307 ext. 84 or tmast@tranzon.com
