3902 Highway 146 N - Marinas FOR SALE


Texas City, TX 77590
$5,000,000 USD
713-540-9116
3902 Highway 146 N, Texas City, TX for Sale
$5,000,000 USD
Marinas - FOR SALE
1/28
null | Request Cap Rate

3902 Highway 146 N
Texas City, TX 77590


HIGHLIGHTS

  • 84 Covered/Enclosed Boat and RV Storage Units (Lights and Electricity included)
  • Situated on 9.6 Acres of Land with a 2.5 acre future development tract ready for construction! (Graded and Filled)
  • +/- 1,200 sf Bait Shop with custom high-quality aerated tanks, Ice Machines, beverage refrigerators and fishing tackle (Business included)
  • +/- 1,090 linear feet of private canal waterfront that can accommodate construction of future wet-slips
  • Other Site Amenities: Large Waterfront Pavilion/Picnic Area, Private Fishing Pier, Boat Ramp (fees required) and Fish Cleaning Station
  • Enclosed 6,000 sf warehouse currently used for storage--possible rental income for a new owner

OVERVIEW

Prime Waterfront Real Estate on Moses Lake in Texas City, TX. Known as a well-sheltered "haven" from Galveston Bay storm surge, Moses Lake Boat and RV Storage currently offers 84 unit Boat/RV storage units. Almost always full....with a waiting list...this Marina & Boat Storage project offers an Investor an excellent growth and income opportunities. The recently improved/adjacent 2.5 acres are ready for immediate construction of up to an additional 120 storage units. Additionally, there is in excess of of 1,000 linear feet of canal waterfront that could provide a new owner an exceptional area for the development of future "wet slips." The existing retail Bait Shop, open seven days a week, continues to attract both new and repeat customers, most of whom eventually inquire about future storage availability. This sale offering allows a storage developer a low-risk development opportunity with multiple streams of income.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$109 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Moses Lake Boat & RV Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Marinas

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

9.6 AC

LAND SF

418,176 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

David HummelAdvisors Commercial Real EstateMore Info
713-540-9116

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David HummelAdvisors Commercial Real EstateMore Info
713-540-9116

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.