2309 Highway 2214Eastland, TX 76448

  • Commercial real estate
  • 29,500 SF
For Sale
$1,890,000 View listing

Property Details for 2309 Highway 2214

Year built
1930
Lot size
9.00 AC
Property size (Sq ft)
29,500 SF
Property type
Commercial real estate
APN
50528
APU
50528

Description

This exceptional 30-acre Eastland, TX property presents a lucrative investment opportunity. The existing business includes a thriving 24-site RV park, each site generating $400-$450 monthly in lease income plus electricity charges. A separate, secure storage facility complements the RV park, offering additional revenue streams. The property boasts a well-appointed office building featuring a modern workout room, two coin-operated laundry units, and two bathrooms with showers. Security is ensured with gated access via keypad and three strategically placed security cameras. The current owner had ambitious expansion plans, including increasing the RV park capacity to 50 sites and adding more storage units, providing significant potential for increased profitability. This turnkey operation is ready for a new owner to capitalize on its established success and considerable growth opportunities. The property's location near Lake Leon adds to its appeal. The 17,332 square foot complex is priced at $1,890,000. This is a rare chance to acquire a profitable, established business with substantial room for expansion in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $9,302,410
    Hospitality
    $8,520,957
    Educational
    $7,089,336
    Medical
    $7,333,150
    Retail
    $11,027,857

Location Insight

City
Eastland
County
Eastland
State
Texas
Latitude
32.3465
Longitude
-98.7052

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$1,707
$86,000
$339,260
$425,260
-
$86,000
$339,260
$425,260

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