Commercial Real Estate in Princeton available for sale
Princeton Campgrounds For Sale

Campgrounds for Sale within 50 kilometers of Princeton, TX, USA

More details for 10492 Highway 69, Trenton, TX - Land for Sale

Development Opportunity Off Highway 69 - 10492 Highway 69

Trenton, TX 75490

  • Campground
  • Land for Sale
  • $435,440 CAD
  • 2 AC Lot
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More details for 6869 State 121 hwy, Bonham, TX - Specialty for Sale

6869 State 121 hwy

Bonham, TX 75418

  • Campground
  • Specialty for Sale
  • $2,730,141 CAD
  • 1,840 SF
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More details for 3243 Harrell Rd, Howe, TX - Land for Sale

3243 Harrell Rd, Howe, TX - 3243 Harrell Rd

Howe, TX 75459

  • Campground
  • Land for Sale
  • $2,889,111 CAD
  • 63.86 AC Lot
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More details for 12688 FM 1641, Forney, TX - Land for Sale

12688 FM 1641

Forney, TX 75126

  • Campground
  • Land for Sale
  • Price Upon Request
  • 12 AC Lot
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More details for 1559 Bennett Rd, Howe, TX - Land for Sale

Sherman Corners | ETJ Tract - 1559 Bennett Rd

Howe, TX 75459

  • Campground
  • Land for Sale
  • Price Upon Request
  • 35.19 - 53.58 AC Lots

Howe Land for Sale

OFFERS DUE - April 5th 2024! Shepherd's Corner is a premier land offering of approximately ±108 acres, poised for strategic future development. There are 2 parcels taht make up the 108 acres, which can be subdivided. This tract stands at the forefront of regional growth, bolstered by significant surrounding master planned projects and proximity to major economic developments, including Texas Instruments $30 billion development less than 2 miles West. Key infrastructural projects nearby underscore the tract's value: the future extension of Shepherd past Bennett Rd., introducing a crucial hard corner site; on-site 4’ Water line and 6’ line on Bennett Rd; and an incoming 18' sewer line ¾ of a mile West on Shepherd. Shepherd Rd.'s expansion into a 4-lane arterial route is set to catalyze access East of the Railroad, marking a leap in residential growth and traffic influx to the East side of US75. As development occurs Shepherd will be extended east to the Subject tract. Shepherd's Corner is encircled by landmark economic expansions: Texas Instruments Chip Manufacturing Facility, a mere 1.8 miles away, undergoing a $30 billion expansion to create 3,200 jobs—Texas's largest-ever economic project. Globitech's $5 Billion Expansion and Coherent Corp (II-VI)'s $3 billion investment, located approximately 3.7 miles and adjacent to the site, respectively, amplify the area's technological and employment footprint. Lifestyle and Leisure Developments: The addition of Hard Rock Hotel and Margaritaville Resorts at Lake Texoma 20 miles North introduces a leisure and entertainment dimension, enhancing the area's appeal to a diverse demographic. Shepherd's Corner embodies a unique blend of strategic positioning and economic vibrancy. This tract offers an invaluable opportunity for investors to harness the potential of a region on the cusp of significant residential, commercial, and industrial development. Positioned to benefit from the area's dynamic growth trajectory, Shepherd's Corner invites investment into a future marked by prosperity and advancement.

Contact:

Bryan Haggard Land Group

Property Subtype:

Commercial

Date on Market:

2024-03-04

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Campgrounds For Sale

Campgrounds

A campground is an area of land where people can camp overnight, either in a tent or in their car or recreational vehicle. The largest campgrounds consist of a number of back-to-back sites where one can park their recreational vehicle or pitch their tent. Privately run campgrounds as commercial ventures with improved or unimproved sites have been around for decades and have been gaining in popularity.

Are campgrounds or RV parks profitable investments?

Investing in a campground can be profitable, especially if the property is large enough for back-to-back sites. One must consider that a campground's value is directly related to an area's demand for such property. In addition, the cost of running a campground is much less than more traditional forms of lodging. As long as property does not have restrictions on its use, it can be bought at a relatively inexpensive price. However, any changes to zoning or building codes must be followed to ensure safety for guests and protection from liability suits.

Campgrounds are popular with extended stay guests. These are people who will rent a site for consecutive months. The advantage for the owner is that the longer they stay, the more money they spend on amenities such as groceries, electrical hook-ups and in some cases propane tanks which can be refilled at a profit.

Campgrounds can be run by both individuals and corporations. A smaller campground can be managed by a single individual with an on-site residence, which the owner rents out for additional income. In this case, the property owner is responsible for maintenance, reservation records and overall management of the area. A larger campground may include on staff groundskeepers, sewer dump stations, laundry facilities and even entertainment for children. A more complex organization requires the hiring of staff to fill these roles.

Should I purchase a campground?

There are many challenges that campgrounds face in becoming profitable investments. The most notable is increased competition. With the upswing in camping and outdoor activities, such as fishing and hiking, demand for campgrounds has risen. In addition, many state run sites are underfunded causing them to close temporarily or limit use by recreational vehicles. If a corporation buys property near such an area they may be forced to lower prices to compete.

What should I look for in a campground for sale?

When looking at a campground for sale, an investor needs to consider what makes the property unique and how it differentiates itself from other sites. These factors include:

  • - Size and location of site (i.e. availability of sewer dump stations, proximity to highways)
  • - Number of back-to-back sites available
  • - Amenities on site (i.e. tenting areas, playground, laundry area)
  • - Whether the property is shaded or provides some level of privacy for guests
  • - Accessibility to other recreational activities (i.e. hiking trails, beaches)
  • - Whether the property is located within an established campground community with other amenities such as specialty shops, restaurants and clubs for guests
  • - How far the property is from other amenities (i.e. grocery stores, restaurants)

Buying a campground can be a smart investment:

Campgrounds can be bought for a relatively low cost. They are a simple business which require little staff to manage and operate, although it will require some initial investment for cleaning or renovating facilities. They are appealing to people who want a simpler lifestyle that is not dependent on the office for employment.

Campgrounds can be found in rural, suburban and urban areas throughout North America. The appeal of these camping properties is equal across all demographics due to their accessibility and affordability compared with traditional hotels or resorts. Investing in property used by campers is a great form of investing in real estate. Guests are always looking for places to stay and businesses that provide these accommodations may be less at risk than other areas when it comes to economic downturns, since many campers will continue to use the property even if they cannot afford other vacations.

 

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