511 Loop Palmview, TX 78572
This exceptional 36.24-acre commercial property in Palmview, Texas, presents a compelling investment opportunity. Located at 511 E Loop 374, zip code 78572, this land boasts a prime location, offering convenient access to Business 83 and nearby retail establishments. The property, built in 1983, includes a securely gated community featuring 340 full hook-up RV sites equipped with 30 and 50 amp service. Residents enjoy a range of amenities, including a laundry room, walking trails, and a heated in-ground pool. Additional features include ample storage for RVs and trailers, and executive access to the El Nino 9-hole golf course. Further enhancing its potential, the property includes 6 acres of unimproved land on the west end, providing significant room for expansion and future development. The asking price for this remarkable property is $3,295,000. This is a rare opportunity to acquire a well-established, amenity-rich commercial property with substantial growth potential in a thriving Texas market. The property is zoned for commercial use and offers a unique blend of established infrastructure and expansion possibilities. Its strategic location and existing infrastructure make it ideal for a variety of commercial ventures. This is a turnkey opportunity for an investor seeking a high-return investment in a rapidly growing area.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.