Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    10537 Fm 616, Lolita, TX 77971

    9 SF 0.96 ac lot Built 2019
    Individually Owned 16-yr Hold Free & Clear
    Property ID
    US82-8198683
    Property summary
    AI-generated overview

    This exceptional investment opportunity in Lolita, Texas, presents a unique blend of commercial and residential income potential. Situated on a 0.96-acre lot, the property boasts 15 established RV spots, ideal for accommodating traveling workers or long-term residents. Adding to its versatility, a fully furnished manufactured home provides substantial rental income. This home is designed for multiple occupancy, comfortably housing four separate tenants. Each tenant enjoys a private bedroom, bathroom, sink vanity, and shower, ensuring privacy and convenience. Shared amenities include a fully equipped kitchen, dining area, and laundry facilities (washer and dryer). A spacious shared porch and yard offer ample outdoor space for relaxation and parking. The property's strategic location, approximately 11 miles from Formosa Plastics and 20 miles from the coast, positions it to benefit from the area's economic growth and increasing demand for housing. The proximity to major employers makes this an attractive option for workers seeking convenient and comfortable accommodations. This property presents a strong investment opportunity with potential for significant returns. The combination of RV spots and a multi-unit manufactured home provides diverse income streams, making it an attractive asset in a growing market. The property is priced at $230,000.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 2019
    Total area 9 SF
    Lot 0.96 ac (41,818 SF)
    APN R24391
    UPID US82-8198683
    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
    • Lolita RV Park Campground & RV Park
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Jesus M Gonzales · 16 yrs held
    Jesus M Gonzales
    since 2010
    2 recorded transactions
    2010
    2008
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 10537 Fm 616?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message