Thriving RV Park with Expansion
For Sale
$1,545,000
9538 Interstate 20, Merkel, TX 79536
RV park on 12 acres with expansion and restaurant.
Property Size4,796 SF
Lot Size12.00 Acres
Price / SF$322.14
Days on Market101
Property Features for 9538 Interstate 20
General Information
Standard status
Active
Size
4,796 SF
Lot size
12.00 Acres
Property subtype
Commercial
Building Details
Year Built
1980
Listing Agency:
Whitten Real Estate
(325) 260-3563
Listed By:
Alex Whitten · License #0661990
(325) 260-3563
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 30 at 12:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Whitten Real Estate
Investment Insights
Based on property information with market context.
Front Porch RV Park is located along the I-20 corridor in Merkel, Texas. The property spans nearly 12 acres and features over 40 established RV sites with space for expansion. Onsite improvements include a 960-square-foot office space, a three-sided metal structure suitable for gatherings and events, and a pool with a concrete patio. Additional structures include a 500-square-foot shop for storage or maintenance and a 1,024-square-foot home. A 2,312-square-foot building formerly operated as a restaurant is also located on the property and offers potential for a cafe, store, or entertainment venue.
Key Highlights
- High‑traffic location on I‑20 corridor in Merkel, Texas
- 40+ established RV sites with significant expansion potential on nearly 12 acres
- Includes a 2,312 sq ft building formerly a restaurant, suitable for a café, store, or entertainment venue
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $119.7k | $24.96 |
| − Vacancy | −$6.0k | −$1.25 |
| EGI | $113.7k | $23.71 |
| − OpEx | −$28.4k | −$5.93 |
| NOI | $85.3k | $17.78 |
4,796 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 25.00%
Alternative Uses
Best Use
Apartment 5plus
$40.67M
$35.58M – $47.45M
NOI $2,846,798 @ 7.0% cap · market cap 184.26%
Second Best
Specialty Retail
$1.22M
$1.07M – $1.42M
NOI $85,292 @ 7.0% cap · market cap 5.52%
Theoretical Best
Multifamily LT 5
$46.91M
$41.05M – $54.73M
NOI $3,283,825 @ 7.0% cap · market cap 212.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
38
Businesses Nearby
Explore this area
Business Placement
Demographics for 79536, TX
5,133
Population
2,313
Households
2.2
Avg Household Size
41
Median Age
14%
College-Educated
93%
High-School Grad
295.9 sq mi
ZIP Area
17
Density / Sq Mi
$71,346
Median Household Income
$41,208
Median Earnings
$1,187
Median Rent
$133,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - RV park on 12 acres with expansion and restaurant.
Where is this mobile home & rv park located?
The property is located at 9538 Interstate 20 Merkel, TX.
What is the asking price?
The asking price for this property is $1,545,000.
What are key features of this property?
This property features: High‑traffic location on I‑20 corridor in Merkel, Texas; 40+ established RV sites with significant expansion potential on nearly 12 acres; Includes a 2,312 sq ft building formerly a restaurant, suitable for a café, store, or entertainment venue
