This exceptional 2.26-acre commercial property in Crosby, Texas (77532), presents a lucrative investment opportunity in the thriving RV park sector. Located at 16181 Lindstrom Rd, this single-building property boasts 24 established RV spaces, each equipped with both 50-amp and 30-amp electrical hookups, catering to a diverse range of RVs. The property's self-sufficiency is ensured by a private water well and septic tank system, minimizing reliance on external utility providers. Currently generating income at $550 per space monthly, with a $150 monthly utility fee and a $150 deposit per space, this property offers immediate return potential. Annual liability insurance costs are $1200. The property's location in Harris County provides easy access to local amenities and attractions, making it an attractive destination for RV enthusiasts. This turnkey operation is ideal for investors seeking a stable income stream and significant return on investment in a growing market. The property's size and existing infrastructure provide ample opportunity for expansion and further revenue generation. This is a rare opportunity to acquire a well-established and profitable RV park in a desirable location.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$377,582
Hospitality
$345,864
Educational
$287,754
Medical
$297,651
Retail
$447,618
Location Insight
City
Crosby
County
Harris
State
Texas
Latitude
29.917
Longitude
-95.0419
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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