57 Pr Somerville, TX 77879
- Commercial real estate
- 1.24 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 57 Pr
- Year built
- 1998
- Lot size
- 1.24 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a 10-stall boat storage facility ideally situated near Lake Somerville in Somerville, Texas. The property boasts a prime location just off Park Road 57, less than two miles from the popular Birch Creek State Park, ensuring high demand and consistent rental income. Comprising two lots totaling 1.24 acres of unrestricted land, this property offers significant expansion potential. Currently equipped with ten individual boat stalls, there's ample space to construct additional storage buildings to further capitalize on the thriving recreational boating market in the area. The absence of restrictive covenants allows for flexibility in future development and operational strategies. This turnkey business presents a rare chance to acquire a well-established, income-generating asset with substantial room for growth. The property's proximity to a major recreational destination guarantees a steady stream of potential clients, making it an attractive investment for both seasoned and aspiring entrepreneurs in the commercial real estate sector. The asking price of $170,000 represents a compelling value proposition considering the property's location, existing infrastructure, and considerable growth potential. Serious inquiries are encouraged to explore this lucrative opportunity further.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Somerville
- County
- Burleson
- State
- Texas
- Longitude
- -96.6677
- Latitude
- 30.359
