UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 21,760 sqft
Price per Sqft $13
MLS Listing ID 611745
Construction Status Resale
HOA Y/N No
Year Built 2017
Lot Size 0.500 Acres
Acres 0.5
Property Sub-Type Commercial
Property Description
FEMA Zone VE, on-site septic system serves existing pads, each unit has a Utility Hook up with 50 Amp and Water Spigot. Each pad is individually metered for electricity, with tenants reimbursing usage. Owner currently covers water, septic, trash, and WiFi. The property has a split-access configuration: Pads 6–9 have direct access from 24th Street, while Pads 1–5 are accessed via a recorded ingress/egress easement through the adjacent property (Bayshore Motel) connecting to Promenade. Easement is subject to terms and conditions of record. Offered at $299,000 (~$33K per pad). Estimated cap rate ~5.9% based on average NOI. Seller financing available: 20% down, 8% interest, 15–20 year amortization with 5-year balloon (terms subject to approval). Buyer to verify all information.
Location
State TX
County Calhoun
Zoning CL
Direction East
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features Parking Space(s)
Community Features Other, See Remarks
Utilities Available Electricity Available
Amenities Available Other, See Remarks
Water Access Desc Private,See Remarks
View Other
Roof Type Other,See Remarks
Present Use Recreational
Accessibility None
Building
Faces East
Entry Level Other
Foundation Other, See Remarks
Sewer Aerobic Septic, Septic Tank
Water Private, See Remarks
Level or Stories Other
Construction Status Resale
Others
Tax ID 87552
NEARBY SCHOOL & BUSINESS
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