994 Us Highway 287 Claude, TX 79019
- Specialty properties
- 2,500 SF
- 10.00 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 994 Us Highway 287
- Year built
- 2022
- Lot size
- 10.00 lot acres
- Property size
- 2,500 SF
- Property type
- Specialty properties
- Property subtype
- Mixed-use properties
Description
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.
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
- Claude
- County
- Armstrong
- State
- Texas
- Longitude
- -101.437
- Latitude
- 35.1366
