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Property profile & analytics
OFF-MARKET Estimated value $700,000
Office buildings

22525 State Hwy 155th S Flint, TX 75762-5833

15,194 SF 19.15 ac lot Built 1980
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-5893491
Property summary
AI-generated overview

This exceptional 19.15-acre property in Flint, Texas, presents a rare investment opportunity on the shores of Lake Palestine. Boasting over 2,600 feet of highway frontage and 570+ feet of stunning waterfront, this unique estate encompasses over 33,706 square feet of improvements. Currently operating as a successful wedding venue, event center, and Vrbo lodging (listing #3034837), the property offers diverse income streams and significant expansion potential. The existing lodging comfortably accommodates up to 19 guests with six private bedrooms, twelve beds, two full baths, a fully equipped kitchen, living room, deck/patio access, and amenities including a gym and hot tub. Guests also enjoy access to a private beach, boat launch, and a common area featuring a pool table and outdoor palapa. The venue is ideally suited for both indoor and outdoor events, taking full advantage of the breathtaking lakefront views and picturesque sunsets. Detailed design plans are available for future expansion, including options for an expanded event center, hotel, restaurant, exclusive RV park, or marina. The current owner is open to discussing potential partnerships or investor interest. This is a truly exceptional property with immense potential for growth and profitability. The asking price is $12,500,000.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1980
Total area 15,194 SF
Lot 19.15 ac (834,348 SF)
APN 1-00000-0001-00-021000
UPID US82-5893491
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
  • Bella Vista Lake Palestine Hotel & Motel Resort
  • Larkin's Dermal Spa Spa & Massage Center Gym & Fitness Center
  • Sha Sha Sphynx Pet Store
  • Bella Vista Beach Club Nightclub Music Venue
  • Schambach Ministries Office & Adm Church Mosque
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$490k
CAP Approach CAP
by Request
Comparable Approach Comparable
$912k
Blend (final) Blend
$700k
Owner & transaction history
Schambach Miracle Revivals INC
Schambach Miracle Revivals INC
1 recorded transaction
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $1.2M +12.4%
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