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Listed price in listed location currency (USD).
$995,000

000

MLS® 50009291

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Land
Size -
Garage No
Taxes $1,603
Days Active 0
Lot Size 0.2358 acres
Approx. Age 
MLS® Number 50009291

Property Address: 2912 Avenue R 1/2, Galveston, TX, 77550-7744

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number50009291
Laundry Level
Central VacNo
FireplaceNo
Acreage0.2358
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 22, 2025List Date
$995,000List Price
  • Commute

Commute

Starting Address
Destination Address
2912 Avenue R 1/2, Galveston, TX

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