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    OFF-MARKET
    Commercial real estate

    703 Main St, Balmorhea, TX 79718

    1,216 SF 3.08 ac lot Built 2013
    Individually Owned Free & Clear
    Property ID
    US82-6200128
    Property summary
    AI-generated overview

    This exceptional 3.08-acre commercial property at 703 N Main St, Balmorhea, TX, presents a lucrative investment opportunity. The property boasts a centrally located RV park, just a short drive from the renowned Balmorhea State Park and Lake Balmorhea, offering easy access to popular recreational activities including scuba diving, swimming, snorkeling, hiking, and ATV riding. The park features 32 RV hookups equipped with 30, 50, and 20-amp electrical service, water, sewer, and Wi-Fi. Adding to its versatility, the property includes a 1,216 square foot manufactured home with four bedrooms and four bathrooms, ideal for accommodating workers from nearby oilfields in Verhalen or Pecos. The property's strategic location and diverse amenities make it an attractive investment for those seeking a thriving business in a desirable recreational area. The 1216 sqft manufactured home offers additional income potential or comfortable on-site management. This turnkey operation is ready for a new owner to capitalize on the existing infrastructure and high demand for recreational lodging in this unique Texas location. The property's size and amenities provide ample room for expansion and further development. This is a rare opportunity to acquire a well-established business with significant growth potential.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 2013
    Total area 1,216 SF
    Lot 3.08 ac (134,165 SF)
    APN 33581
    UPID US82-6200128
    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
    JOHN C PIERCE
    JOHN C PIERCE
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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