994 Us Highway 287 Claude, TX 79019
This exceptional 10-acre property, located at 994 US HWY 287 South in Claude, Texas, presents a unique investment opportunity. The property boasts an established RV park featuring 13 RV slips, each equipped with electric, water, and sewer hookups. A substantial 50 x 50 foot metal shop, currently leased, adds significant income potential. This shop includes a finished office, a three-quarter bathroom, laundry hookups, and 220-volt plugs. The shop is foam insulated and features a mini-split unit for climate control. An unpermitted lighted billboard provides additional revenue opportunities. The property also includes two separate septic systems—one for the RV park and one for the shop—both serviced by a shared well. Infrastructure is already in place for a future laundry room addition. The property's 16-foot ceilings in the shop and ample land provide significant room for expansion, making it ideal for growth and increased profitability. Built in 2022, this single-story property offers a turnkey business opportunity with existing infrastructure and immediate income generation. The asking price is $500,000. The current lease on the shop is a gross lease, single tenancy, for one year, commencing October 1, 2024, and expiring October 31, 2025. The total square footage is 2,500 square feet. The property is zoned for commercial, mixed-use, and special purpose uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.