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    2312 Us-77 Driscoll, TX 78351

    For Sale
    $265,000

    Texas RV Park - High Growth Area

    Property size:
    78,182 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 1.79-acre property, located at 2312 US-77 in Driscoll, Texas (zip code 78351), presents a unique investment opportunity. The property, built in 1997, encompasses a substantial 78,182 square feet and is currently configured as a former mobile home park with 16 city sewer hookups. Situated just two miles from the entrance to the Tesla battery plant, this location benefits from the rapid growth and development along the I-69 corridor. The asking price is $265,000, translating to $3.39 per square foot. The property consists of a single, one-story building and requires some renovation and upgrades. Specifically, the property needs cleanup, new electric meters, and new water meters. With the necessary improvements and potentially a change of use (subject to city permits), this property holds significant potential for redevelopment as an RV park or a similar venture, capitalizing on the area's burgeoning economic activity. The Nueces County location offers easy access to major transportation routes, making it an attractive proposition for investors seeking a high-growth market. This is a chance to acquire a large parcel of land with existing infrastructure in a prime location poised for significant appreciation.

    Property Features for 2312 Us-77

    General Information

    Property type
    Multifamily properties
    Square Feet
    78,182 SF
    Lot Size
    77,972 SF

    Building Details

    Year Built
    1997
    Buildings
    1
    Stories
    1

    HighLights

    • $265,000 asking price for this 1.79‑acre multifamily property.
    • 78,182 square feet, priced at $3.39 per square foot.
    • Single‑story building constructed in 1997.
    • Located at 2312 US‑77, Driscoll, TX 78351, in Nueces County.
    • Formerly a 16‑unit mobile home park, two miles from the Tesla battery plant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Map

    City
    Driscoll
    County
    Nueces
    State
    Texas
    Longitude
    -97.747336
    Latitude
    27.6757559

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Multifamily property - Texas RV Park - High Growth Area
    Where is this multifamily property located?
    The property is located at 2312 Us-77 Driscoll, TX.
    What is the asking price?
    The asking price for this property is $265,000.
    What are key features of this property?
    This property features: $265,000 asking price for this 1.79-acre multifamily property.; 78,182 square feet, priced at $3.39 per square foot.; Single-story building constructed in 1997.
    Request Owner's contact information
    2312 Us-77 Driscoll, TX 78351
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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
    2312 Us-77 Driscoll, TX 78351
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