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Property profile & analytics
OFF-MARKET
Specialty properties

505 Marina Rd Brenham, TX 77833

7,318,080 SF
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving 7,318,080-square-foot marina and campground situated on 168 acres in Brenham, Texas, between Houston and Austin. Located on an 11,000-acre lake, this property boasts a prime location attracting boating and outdoor enthusiasts. The marina, the only full-service ships store with gas on the water, features 88 covered and open boat slips with consistently high occupancy, a covered fishing house, and significant untapped potential for expansion to accommodate larger vessels and add boat/RV storage. The campground complements the marina with 109 diverse sites, ranging from 20-amp tent sites to 50-amp full hook-up RV pads. Five deluxe cabins with amenities like A/C, heat, showers, bathrooms, and satellite TV cater to a higher-end clientele, along with four cabanas, a climate-controlled hut, and a screened-in room. A vendor-operated food trailer provides convenient on-site dining. The property operates under a ground lease with the Army Corps of Engineers with 10 years remaining. This turnkey operation presents a unique chance to leverage existing infrastructure and implement strategies to enhance marketing, reservation systems, and site fees, maximizing profitability. The property includes one main building and one loading dock. This is an ideal opportunity for an experienced operator to capitalize on the existing strong foundation and unlock the property's substantial growth potential.

Property profile
Verified
Property type Specialty properties
Total area 7,318,080 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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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