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Property profile & analytics
OFF-MARKET
Land

4 End Of Park Rd Somerville, TX 77879

282.82 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving, turn-key marina and campground business situated on 282.82 acres on beautiful Lake Somerville in Somerville, Texas (zip code 77879). The property boasts over a mile of pristine shoreline and includes 10 newly renovated rental cabins overlooking the lake, a 5,000 square foot store with existing electrical and plumbing (ready for kitchen/grill addition), and over 100 RV campsites with varying levels of service, including 9 full-service sites with 50-amp electrical, water, and sewer hookups. The property also features a boat launch with four ramps, extensive outdoor boat/RV storage, and over 40 acres dedicated to primitive camping. Recent improvements include a new water system and electrical wiring throughout the park, as well as newly remodeled restrooms. All necessary equipment, including multiple tractors, mowers, implements, a welder, a vehicle, and tools, are included in the sale. The property operates under a favorable land lease with the US Army Corps of Engineers, renewable every five years, contingent upon the lessee's business plan for recreational use of the property. The asking price is $800,000. Lake Somerville's central location, near Houston, Austin, and Bryan-College Station, ensures a consistent influx of visitors, making this a highly profitable and attractive investment. The property also includes a 2,100 square foot modular home. This is a rare opportunity to acquire an established and successful business with significant upside potential.

Property profile
Verified
Property type Land
Lot 282.82 ac (12,319,639 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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