2912 & 2914 Avenue R 1/2, Houston, Texas 77550
$995,000
0 Beds
0 Full Baths
Lots
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About 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.
Highlights
2912 & 2914 Avenue R 1/2
$995,000
Lots
Houston 77550
10,271 Lot Sq Ft
General Description
Taxes & Fees
Tax ID
351001391011000
Tax Rate
1.719%
Taxes w/o Exemption/Yr
$1,603 / 2025
Maint Fee
No
Interior Features
Fireplace
No
Dishwasher
No
Range
No
Disposal
No
Microwave
No
View
Beach, Water View
Loft
No
Exterior Features
Water Sewer
Public Sewer
Private Pool
No
Area Pool
No
Lot Description
0 Up To 1/4 Acre, Cleared
New Construction
No
Listing Firm
Keller Williams Houston Central
Schools
| Name | Grade | Great School Ranking |
|---|---|---|
| Gisd Open Enroll | Elementary | None of 10 |
| Gisd Open Enroll | Middle | None of 10 |
| Ball High | High | 4 of 10 |
School information is generated by the most current available data we have. However, as school boundary maps can change, and schools can get too crowded (whereby students zoned to a school may not be able to attend in a given year if they are not registered in time), you need to independently verify and confirm enrollment and all related information directly with the school.
