517 Vaughan Ln - Specialty FOR SALE


Tioga, TX 76271
$2,700,000 USD
254-718-6791
517 Vaughan Ln, Tioga, TX for Sale
$2,700,000 USD
Specialty - FOR SALE
1/11
null | Request Cap Rate

NEW


517 Vaughan Ln
Tioga, TX 76271


HIGHLIGHTS

  • 1 mi to DNT/Grayson Pkwy, NO RESTRICTIONS, NO ETJ

OVERVIEW

JUST COMPLETED... BOAT RV STORAGE FACILITY ONE MILE FROM DNT GRAYSON PKWY. Unincorporated, NO restrictions. 4 large residential developments within 8 miles of site, some currently under development and selling homes. All weather road access to property. 900sf warehouse with covered contractor storage, yard and separate entrance, can be leased separately. Small office with AC and 2 separate contractor storage yards that can be leased separately from boat & rv storage. Structures are complete with room for expansion, professionally set piers to expand covered parking along both sides of property. Seller will complete security gates. Minor items for buyer to complete and start leasing: security system and septic, if desired. Water meter onsite but not currently connected to office. 220V onsite. Entire property graded to drain to the back of the tract with professional drainage system and retention pond. Currently 52 covered parking spaces that can be expanded based on need. Total of 323 developed boat & RV parking spaces available plus 5 separate contractor areas, uncovered spaces can be booked together to accommodate longer boats or RVs. Property is partially developed may be expanded as desired. Conservative projected income as built is $355K with potential of $550K+ annually. Seller willing to provide expansion plans upon request and projected income for future planned development options. Conveniently located near Lake Ray Roberts and Lake Texoma.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$95 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

375

LAND DETAILS

LAND ACRES

8.5 AC

LAND SF

370,260 SF

ZONING

Unincorporated

APN/PARCEL ID

202238

ASK ABOUT THIS PROPERTY

Kelsey WhitesellTalley & CompanyMore Info
254-718-6791

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Kelsey WhitesellTalley & CompanyMore Info
254-718-6791

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