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$599,000

5633 Hwy 238, Port Lavaca, TX, 77979

On MarketInfo
Beds— Beds
Baths— Bath
Baths6,800 Sq Ft
price_per_sqft$88.09 / sqft

About this property

Strategically positioned along a high visibility highway corridor near the water, this income producing commercial property offers, immediate cash flow, engineered improvements and strong future use potential. Currently operating as a fully utilized boat storage facility, the property features enclosed storage stalls, all 100% occupied, providing establish rental income from day one. Situated on approximately an acre with water views, strong traffic exposure and excellent accessibility. The property also includes a shop space and a dedicated office area creating multiple revenue streams and operational flexibility. All on-site structures are engineered buildings offering quality construction and long term durability. Located near the water, this property is well suited for continued boat storage, marine related services, contractor storage, service based business use or other commercial concepts with existing occupancy, highway visibility and coastal market growth, this is a standout opportunity for an investor or owner user seeking a turnkey income producing asset with upside potential.

Investor Tools

$0Estimated Mortgage Balance
$599,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

Interested in this property?

Jenny Shimek

Shaw Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Port Lavaca

5633 Hwy 238 | Property Details | No Agent List