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Property profile & analytics
OFF-MARKET
Specialty properties

176 Co Rd Orange Grove, TX 78372

Built 2016
Property ID
Property summary
AI-generated overview

This 4.83-acre Texas property offers a unique investment opportunity. Built in 2016, it includes a 12-unit RV park with independently metered sites, three apartments (one two-bedroom, two studios), and a 6,100 sq ft event center complete with a full bar and stage. The property boasts a roping arena with spectator stands, a concession stand, and an announcer booth. Ample space exists to expand the RV park by 40+ sites and the existing unpaved event parking accommodates 80+ vehicles. The property features a 100-foot deep well (with approximately 60 feet of water) and a septic system. The property is classified as Class B and offers a 9% cap rate. The asking price is $900,000. All measurements and data should be independently verified. This multi-purpose property presents significant upside income potential and is located in Orange Grove, Texas, in Jim Wells County, at 176 Co Rd 304, zip code 78372.

Property profile
Verified
Property type Specialty properties
Year built 2016
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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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