Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    13045 N Midway Ave Gardendale, TX 79758

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $199,000

    Operating RV park with mobile home on over 1 acre.

    Property size:
    750 SF
    Lot size:
    1.14 Acres
    Added:
    Jun 7, 2025
    Days on Market:
    299
    Last Refresh:
    Mar 25 at 10:48 pm

    Property Features for 13045 N Midway Ave

    General Information

    Standard status
    Active
    Size
    750 SF
    Lot size
    1.14 Acres

    We can help!

    Listing Contact
    Judy Hardy

    Listing agent Judy Hardy

    Listing office fathom realty

    Listing date Jun 7, 2025

    Source Exprealty

    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 fathom realty

    Overview

    Gardendale RV Park Opportunity

    This property, situated on just over 1 acre in Gardendale, is ready for business as an RV park. It features 12 RV hookups that are ready for use. A septic system, designed and permitted by a licensed engineer, is in place. Additionally, the property includes a 750 square foot mobile home with one bedroom and one bathroom.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Auto Repair Shop HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Gardendale
    County
    Ector
    State
    Texas
    Longitude
    -102.288
    Latitude
    32.0128

    Nearby Similar for Sale

    • $2,900,000

      Gardendale Commercial Multi-Use Acreage

      Prime commercial location with multiple shops and residential capacity.
      9130 E Goldenrod Dr, Gardendale, TX 79758
      View Details
    • $949,900
      5,319 SF

      Gardendale Triplex Community For Sale

      Standalone triplex community with three recently built townhomes.
      9310 Arboledas Dr unit: A, B, C, Gardendale, TX 79758
      View Details
    • $949,900
      5,319 SF

      Gardendale Triplex Community For Sale

      Standalone triplex community with three recently built townhomes.
      9310 Arboledas Dr unit: A, B, C, Gardendale, TX 79758
      View Details
    • $250,000

      Gardendale Office Building on Highway

      Office building with tenant-occupied mobile home on adjacent lots.
      17014 N Pansy, Gardendale, TX 79758
      View Details
    • $1,800,000

      Gardendale Downs Race Track Property

      30-acre race track with horse facilities in Gardendale, Texas.
      16110 Herbert Rd, Gardendale, TX 79758
      View Details
    • $199,000
      1,120 SF

      Gardendale RV Park Opportunity

      Operating RV park with mobile home on 1.14 acres.
      13045 N Midway Rd, Gardendale, TX 79758
      View Details
    • $1,300,000
      8,000 SF

      Industrial Property with Shop and Office

      8,000 SF industrial property on 2.173 acres with tenant.
      12030 E US Highway 158, Gardendale, TX
      View Details
    • $1,800,000
      3,200 SF

      Gardendale Downs Racetrack Property

      Equine facility with racetrack, paddocks, stalls, and shop.
      16110 Herbert Rd, Gardendale, TX 79758
      View Details

    FAQs

    What type of property is this?
    Mobile home & RV park - Operating RV park with mobile home on over 1 acre.
    Where is this mobile home & rv park located?
    The property is located at 13045 N Midway Ave Gardendale, TX.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: 12 RV hookups ready for immediate business operation.; Septic system designed and permitted by a licensed engineer.; Property size is just over 1 acre.
    (888) 455-6040
    We can help!
    Listing Contact
    Judy Hardy
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!