Connectez-vous/S’inscrire
Votre e-mail a été envoyé.
Auction-Institutional Seller | One Moody Plza One Moody Plz Bureau 36 714 m² 100 % Loué À vendre Galveston, TX 77550
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- STARTING BID $750,000 | Institutional Seller | One Moody Plaza | 395,182 SF | Reserve Sub $5/FT | AUCTION JUNE 22-24
- NRHP-Listed Galveston Landmark Office: Listed on the National Register of Historic Places in 2021, opening the door to federal historic tax credit pro
- Galveston Island's Prime Office Market: Galveston draws millions of visitors yearly as Texas's premier Gulf Coast island market.
- 395,000+ SF Downtown Galveston Tower: A 23-story, 357-ft skyscraper built in 1972 with an additional 78,000 SF basement garage, anchoring the Galvest
- Dual State & Federal Historic Designation: Designated a Recorded Texas Historic Landmark and added to the NRHP simultaneously in 2021.
- Value-Add Repositioning Opportunity: 395,182 SF of underutilized space offers real upside through lease-up, renovation, or conversion.
Résumé analytique
Marcus & Millichap is pleased to present One Moody Plaza, a 23-story, 395,182 SF landmark office tower at 1902 Market Street in Downtown Galveston, Texas. Completed in 1972 and designed by Neuhaus & Taylor, the building stood as the tallest in Galveston County for over three decades at 357.6 feet. Originally built as the longtime headquarters of American National Insurance Company, it carries a deep institutional legacy in the Galveston market. In 2021, One Moody Plaza received dual historic recognition — listed on the National Register of Historic Places and designated a Recorded Texas Historic Landmark — making it potentially eligible for both federal and state historic tax credit programs. At 395,182 SF across 23 floors, the building is well-suited for lease-up, capital improvement, or adaptive repositioning. Galveston's standing as Texas's premier Gulf Coast island destination, drawing millions of visitors annually and supporting a growing residential and commercial base, points to sustained demand for quality office and mixed-use space in the downtown core.
In addition to its scale, historic designation, and repositioning potential, One Moody Plaza benefits from proactive municipal support from the City of Galveston’s Economic Development team. City officials have indicated a willingness to assist prospective buyers with community information, major industry data, economic development resources, and buyer-specific questions related to the asset. The building’s National Register of Historic Places listing may support eligibility for federal and state historic tax credit programs, and the City has also noted that the property could become eligible for a local historic designation program once the appropriate application is submitted. Further upside may exist through future Opportunity Zone benefits, as the City anticipates nominating the property’s census tract for inclusion in the next Opportunity Zone program, with confirmation expected in 2026 and potential program effectiveness in 2027, subject to State acceptance. This level of city engagement provides buyers with a valuable point of contact as they evaluate redevelopment, adaptive reuse, lease-up, or long-term repositioning strategies for one of Downtown Galveston’s most prominent landmark assets. Contact Michele Hay, Economic Dev. Coordinator for more information - mhay@galvestontx.gov.
In addition to its scale, historic designation, and repositioning potential, One Moody Plaza benefits from proactive municipal support from the City of Galveston’s Economic Development team. City officials have indicated a willingness to assist prospective buyers with community information, major industry data, economic development resources, and buyer-specific questions related to the asset. The building’s National Register of Historic Places listing may support eligibility for federal and state historic tax credit programs, and the City has also noted that the property could become eligible for a local historic designation program once the appropriate application is submitted. Further upside may exist through future Opportunity Zone benefits, as the City anticipates nominating the property’s census tract for inclusion in the next Opportunity Zone program, with confirmation expected in 2026 and potential program effectiveness in 2027, subject to State acceptance. This level of city engagement provides buyers with a valuable point of contact as they evaluate redevelopment, adaptive reuse, lease-up, or long-term repositioning strategies for one of Downtown Galveston’s most prominent landmark assets. Contact Michele Hay, Economic Dev. Coordinator for more information - mhay@galvestontx.gov.
Informations sur l’immeuble
Type de vente
Investissement
Type de bien
Bureau
Surface de l’immeuble
36 714 m²
Classe d’immeuble
B
Année de construction
1971
Pourcentage loué
100 %
Occupation
Multi
Hauteur du bâtiment
23 étages
Surface type par étage
1 596 m²
Dalle à dalle
3,66 m
Coefficient d’occupation des sols de l’immeuble
5,07
Surface du lot
0,72 ha
Zonage
CB
Stationnement
144 places (3,92 places par 1 000 m² loué)
1 1
Très praticable à pied
80/100
Exceptionnellement adapté aux voitures
90/100
Moyennement praticable en vélo
70/100
Taxes foncières
| Numéro de parcelle | 3505-0559-0000-000 | Évaluation des aménagements | 16 605 821 € |
| Évaluation du terrain | 1 698 504 € | Évaluation totale | 18 304 325 € |
Taxes foncières
Numéro de parcelle
3505-0559-0000-000
Évaluation du terrain
1 698 504 €
Évaluation des aménagements
16 605 821 €
Évaluation totale
18 304 325 €
Contacts
-
Adam Sklaver -
Keith Lloyd -
Philip Kates -
Kyle Hynes -
Timothy Speck -
Marcus & Millichap
1 sur 12
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
1 sur 1
Présenté par
Auction-Institutional Seller | One Moody Plza | One Moody Plz
Vous êtes déjà membre ? Connectez-vous
Hum, une erreur s’est produite lors de l’envoi de votre message. Veuillez réessayer.
Merci ! Votre message a été envoyé.