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Property profile & analytics
OFF-MARKET
Commercial real estate

4202 Fm 339 Groesbeck, TX 76642

2 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents an 8-space RV park nestled on 2 acres of peaceful Texas countryside, just 35 minutes from Waco and 30 minutes from Baylor University. The park offers a secluded and relaxing atmosphere, perfect for long-term renters or travelers seeking a country escape. Six spaces feature both 30-amp and 50-amp hookups, with one additional 30-amp and one 50-amp space. Updated infrastructure includes a new septic tank and aerobic system (2021) and water is supplied by Tri-County Water, supplemented by a 300-gallon buried water tank. Mature trees provide shade and enhance the park's appeal. The property also includes a transferable wind farm option lease, offering potential for additional income. This property presents a unique opportunity for expansion, with ample space to add more RV sites. A significant discount of $50,000 is available for the purchase of this property as part of a package deal with two other nearby RV parks (310 W. Burleson in Mart, 3 spaces

Property profile
Verified
Property type Commercial real estate
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
Current use
Occupant on record · Public records
  • Ben Hur RV Park Campground & RV Park
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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