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    4 End Of Park Rd Somerville, TX 77879
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    4 End Of Park Rd, Somerville, TX 77879

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    • Land
    • 282.82 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Land

    Property Details for 4 End Of Park Rd

    Lot size
    282.82 lot acres
    Property type
    Land

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Somerville
    County
    Burleson
    State
    Texas
    Longitude
    -96.5835
    Latitude
    30.3301
    More about this property
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