180 Private Road 1735, Chico, TX 76431
Exceptional investment opportunity: North Side Marina & Resort, a thriving 4.5-acre lakefront property on Lake Bridgeport, Texas (76431). This established commercial marina and resort boasts 15 buildings on a single story, totaling 15,000 square feet, and renovated in 1995 and 2015. The property includes a private marina with a private club, store, and gas station, along with a private dock featuring 22 slips. Currently operating with 10 cabins offering one to three bedrooms, plus additional suites, the resort also features a restaurant and bar, fishing, swimming, and a miniature golf course. An RV park with expansion potential is also present, and approximately one acre of land is available for further development, such as boat repair facilities or additional cabins. The permitted zoning is commercial, offering significant expansion possibilities. Consider expanding the existing cabin rentals, converting current cabins into single-family retreats, or developing a unique lakeside "Tiny Home" or "Glamping" community. Located just 50 miles from Fort Worth, this property presents a rare chance to acquire a turnkey operation with substantial growth potential. The land value is $167 per square foot. This property is zoned for commercial use.
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North Side Marina & Resort Hotel & Motel Resort
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
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No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.