Property summary
This exceptional 1,395 square foot office building sits on a spacious 1.91-acre lot in Tool, Texas, offering unparalleled proximity to the amenities of Cedar Creek Lake. Currently zoned Agricultural (AG) by the City of Tool, this property presents a unique investment opportunity with significant upside potential. Its history as an RV park with existing water and electric hookups provides a solid foundation for various commercial ventures. The previous use included a small laundromat, suggesting potential for similar businesses. To reinstate the property's previous use as an RV park, or to pursue other commercial applications, a business plan and presentation can be submitted to the City of Tool for variance approval. A comprehensive list of permitted uses is available on the City of Tool website, under ordinances, Appendix A, schedule of Uses. This property is priced competitively at $235,000 and offers a rare blend of existing infrastructure and flexible zoning in a desirable lakeside location. The substantial lot size allows for expansion or additional development, making it an attractive proposition for both established businesses and entrepreneurs seeking a strategic location. Don't miss this chance to acquire a versatile property with significant growth potential.
Property profile
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Value estimations
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Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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