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31724246
31724265

114 County Rd 119, Riesel, TX 76682

CM
TX 0501695
$975,000
37 days on market
Updated 36 days ago

114 CR 119 Riesel, TX 76682

Details
Property Type Business for Sale, Land (+2)
Sub Type Business and Building, Commercial (+1)
Square Footage 1,400
Pads 19
Pro-Forma Cap Rate 10.70%
Pro-Forma NOI $177,450
Price per SqFt $696
Broker Co-Op Yes
Year Built 2026
Year Renovated 2026
Buildings 4
Acreage 8.417
Zoning 7.4+/- Mixed Use Commercial and 1+/- Acre Residential
Investment Type Value Add
Ground Lease No

About This Property

Marketing description

Exceptional investment opportunity with immediate income and major upside potential just off highly trafficked HWY 6, very close to proposed Cipher Bitcoin Data Center currently set to begin construction in 2027. And, it's well positioned within 30 minutes drive for other projects including the proposed $10 Billion construction of the Infrakey Data Center and Power Plant. This RV park offers strong in-place infrastructure, thoughtful site design, and significant expansion capability, making it ideal for investors, owner-operators, or companies needing housing or open storage space. Currently featuring 14 operational RV sites with a mix of concrete and gravel pads, the property is engineered to support up to 19 sites with minimal additional work. Critical infrastructure is already in place including water, sewer, and electrical conduit to expand quickly. The aerobic septic system is engineered and permitted for 19 RVs plus laundry, with additional layout planning completed for future expansion up to approximately 50 sites. The property includes substantial capital improvements, including approximately $100,000 in crushed concrete, multiple concrete pads, private electrical metering system, and a high-capacity electrical setup designed to scale. Water taps have already been secured at significant cost, reducing future development hurdles. Gravity-fed sewer design minimizes long-term maintenance costs and enhances operational efficiency. Additional income opportunities include open storage potential, with existing layout and access already suited for trailer, equipment, or contractor storage. Strong demand drivers include workforce housing, long-term tenants, and nearby employment hubs. A mobile home on-site provides flexibility as an owner’s residence, on-site manager housing, or office for operations or construction use. Additional improvements include a laundry facility and storage buildings. Positioned with excellent access and visibility along HWY 6, this property offers a rare combination of current cash flow, infrastructure investment, and scalable growth potential in a market with limited competing RV park inventory.

Listing Contacts

CM
TX 0501695

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Additional Information

Name
Caleb Miller
License
0501695
Brokerage
Bramlett Partners | Pecan Creek Realty Group
Brokerage Phone
254.321.3689
Title
Real Estate Salesperson
Brokerage Address
101 Santa Fe Drive
Name
Christie Stephens
License
687640
Brokerage
Bramlett Residential
Brokerage Phone
254-321-3689
Title
Realtor / Salesperson
Brokerage Address
100 Santa Fe Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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