350 Old Texas Hwy Palacios, TX 77419
This 1.41-acre RV park in Blessing, Texas, offers eight separately metered RV spots with utilities, plus space for four more. Built in 2013 and renovated the same year, the property boasts 61,419 square feet and is priced at $225,000 ($3.66/sq ft and $28,125/unit). Its location near existing industrial plants and the soon-to-be-constructed HIF E-Fuels plant (projected to create 3,000 jobs) presents significant growth potential. The existing infrastructure includes utilities for all current pads and pre-installed utilities for potential expansion. An existing house on the property could be removed to create additional space for expansion or the addition of amenities like a laundromat. The property's APN is 15287, and the address is 350 CR 442 Old Texas Hwy 35, Blessing, TX 77419. This turnkey business opportunity offers a strong return on investment with the potential for significant future income growth due to the area's expanding industrial sector. The property is zoned NA.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.