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Description
Rare offering of nearly 6 acres of CT-zoned land (Commercial Tourism) just off the Mississippi River, fully approved for 30 seasonal trailer sites with significant potential. The site includes a newly drilled well, completed environmental and engineering studies, electrical design completed and approvals to expand the existing boat launch and marina to accommodate approximately 30 slips. Amenities include a volleyball court, basketball court, and a small beach area all designed to support a cash flow-positive seasonal operation. Many trailer lots offer waterfront views, enhancing long-term rental demand and user experience. An as-complete appraisal values the property near $4M, with projected annual income approaching $240,000.A rare waterfront investment with strong cash flow potential, full site approvals, and the added upside of possible zoning conversion for alternative future uses, perfectly positioned for long-term growth in a high-demand seasonal market.
Overview
Property ID:
HML-389181347733
Type:
Land
Square:
6 ft2
Price:
$1,699,000
PropertyType:
Commercial
TransactionType:
For Sale
BuildingAreaUnits:
Acres
Cooling:
Heating:
Unknown
ParkingFeatures:
Unknown
YearBuilt:
Unknown
TaxAnnualAmount:
7429
PossessionDetails:
TBD
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