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    OFF-MARKET
    Land

    15325 Co Rd, Nevada, TX 75173

    31.07 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 31.07-acre property in Collin County, Texas, presents a unique development opportunity near Lake Lavon. Currently zoned F1 for commercial and agricultural use, the land boasts pre-approved plans for an RV park and a substantial 6,500 square-foot shop. The existing shop features two roll-up doors, two 250-amp electrical panels, a generator, and a propane tank, providing immediate utility. Comprehensive site plans, drainage solutions, and a completed plat are readily available for review, streamlining the development process. The property's strategic location offers significant potential for multiple income streams. Imagine a thriving RV park with approximately 137 potential RV pad rentals, complemented by an on-site RV repair center housed within the existing shop. A welcome center, incorporating amenities such as a laundry facility, community store, and clubhouse, could further enhance the property's appeal and revenue generation. This turnkey opportunity combines existing infrastructure with significant expansion potential, making it an ideal investment for developers seeking substantial returns. The property is located at 15325 Co Rd 549, Nevada, TX 75173. The asking price is $1,875,000.

    Property profile
    Verified
    Property type Land
    Lot 31.07 ac (1,353,409 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
    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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