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Property profile & analytics
OFF-MARKET
Land

457 Old Texas Hwy Blessing, TX 77419

5.72 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.72-acre commercial land parcel in Blessing, Texas, presents a compelling investment opportunity. Currently operating as Blessing RV Park, the property boasts 39 full hookup RV sites, a functioning water well, and a complete septic system. The park's location offers significant advantages, situated near the South Texas Nuclear plant and the burgeoning HIF Global e-fuels facility, a $6 billion project creating 4,000 construction jobs and boosting the regional economy. This proximity to major employers ensures a consistent demand for RV accommodations. The property's current configuration provides a solid foundation for immediate income generation, while the expansive acreage allows for substantial expansion and value enhancement. Investors can capitalize on the opportunity to upgrade the park's aesthetics, add amenities such as a convenience store, community market, or on-site restaurants, and implement improved marketing and management strategies to increase rental income. The strategic location, coupled with the potential for significant upgrades and expansion, makes this a highly attractive investment prospect. The property is conveniently located approximately 19 miles from a Walmart Supercenter in Bay City, offering residents easy access to essential shopping and services. The asking price for this remarkable property is $800,000.

Property profile
Verified
Property type Land
Lot 5.72 ac (249,163 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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