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Property profile & analytics
OFF-MARKET
Commercial real estate

2022 Hwy Rankin, TX 79778

2 ac lot Built 2019
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents the Rancho Grande RV Park, situated on 2 acres at 2022 Highway 67, Rankin, TX. The park boasts 45 spacious RV sites, each measuring 30 feet wide by 45 feet long, providing ample room for guests. Each site includes electric hookups, ensuring convenient and comfortable stays. The park's infrastructure includes two separate septic systems and a private water well, guaranteeing reliable service. A convenient on-site laundromat adds to the guest experience, enhancing the park's appeal. Located in the heart of the Permian Basin, a region known for significant economic activity, Rancho Grande RV Park benefits from a strong potential customer base. The park's current setup includes a property manager who is willing to continue their role, offering a seamless transition for the new owner. This turnkey operation presents a compelling investment opportunity in a thriving area. The asking price is $395,000. This is a rare chance to acquire a well-established and profitable RV park with significant growth potential.

Property profile
Verified
Property type Commercial real estate
Year built 2019
Lot 2 ac (87,120 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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