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    Specialty properties

    180 Private Road 1735, Chico, TX 76431

    15,000 SF 4.5 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Specialty properties
    Total area 15,000 SF
    Lot 4.5 ac (196,020 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
    • North Side Marina & Resort Hotel & Motel Resort
    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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