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    505 County Road 7300 Lubbock, TX 79404

    Sponsored
    For Sale
    $1,200,000

    Profitable RV Park with Expansion Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    343
    This exceptional investment opportunity presents a thriving 36-unit RV park situated on a spacious 2.5-acre lot in Lubbock, Texas. The property boasts a robust infrastructure including two wells and two septic systems, ensuring reliable service for all units. Each of the 36 RV spaces is equipped with convenient hookups. Adding to the income stream are two houses and a single efficiency unit, providing diverse revenue streams. One house, located on the west side of the park, has recently undergone significant renovations, including new windows, paint, and plumbing, and is currently leased. A substantial commercial building enhances the property's value, featuring two offices equipped with a comprehensive security system and interior/exterior cameras, three washer/dryer combinations, updated restrooms, and an insulated storage area. Further adding to the property's versatility is a 1200-square-foot metal building situated on the east side of the property. The existing infrastructure and ample available space present significant potential for future expansion, allowing for increased revenue and further development. This turnkey operation offers a rare chance to acquire a well-established and profitable business with considerable growth opportunities in a desirable location. The asking price is $1,200,000.

    Property Features for 505 County Road 7300

    General Information

    Property type
    Other commercial real estate
    Lot Size
    108,900 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Clothing Store Gym & Fitness Hotel & Motel Wholesale Shop Auto Parts Store Kitchen & Bath Department Store HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.8311
    Latitude
    33.49109

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    FAQs

    What type of property is this?
    Commercial real estate - Profitable RV Park with Expansion Potential
    Where is this commercial real estate located?
    The property is located at 505 County Road 7300 Lubbock, TX.
    What is the asking price?
    The asking price for this property is $1,200,000.
    (806) 778-5956
    Request Owner's contact information
    505 County Road 7300 Lubbock, TX 79404
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    Lubbock, TX 79404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    505 County Road 7300 Lubbock, TX 79404
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