4200 Skeet Eason RdWaco, TX 76712

For Sale
$2,000,000

55-acre waterfront marina, huge potential.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 55-acre waterfront property on Lake Waco presents a remarkable investment opportunity. Currently operating as a marina with 34 wet slips and a large, shallow boat ramp, the site boasts significant redevelopment potential. The property's permitted zoning allows for expansion to potentially 250 slips (verification needed), along with the addition of a fuel dock and a floating restaurant featuring an outdoor stage. A 20-acre flat area is ideal for an RV park, with existing utilities minimizing development costs. An additional 7 acres are suitable for cabin development, leveraging the high demand for short-term rentals in the area (up to $600/night). The property includes a 4,000 sq ft concrete pad and several areas suitable for hiking trails. The City of Waco's planned trail connecting China Spring to downtown Waco will directly intersect the property, creating a unique community asset and enhancing its appeal as a vacation destination. The absence of boat rentals on Lake Waco presents a lucrative opportunity to establish a boat rental and/or boat-sharing program, further boosting revenue potential. A ship store offering convenience items and fuel would also cater to lake visitors and increase profitability. This property offers a unique blend of existing infrastructure and untapped potential, promising substantial returns and a positive impact on the local community. The ground lease is in place. The asking price is $2,000,000. The address is 4200 Skeet Eason Rd, Waco, TX 76712.

Highlights

  • 54.6-acre waterfront property on Lake Waco.
  • Existing marina with 34 wet slips and a large, shallow boat ramp; potential for up to 250 slips.
  • Significant redevelopment potential including boat rentals, a ship store, and a floating restaurant with outdoor stage.
  • 20-acre flat area ideal for RV park development with existing utilities; additional 7 acres suitable for cabin development.
  • Prime location with planned trail connection to downtown Waco, enhancing community access and creating a strong vacation destination.

Property Details for 4200 Skeet Eason Rd

Property type
Other specialty properties, Marinas
Square Feet
1 SF
Lot Size (sq. ft)
2,395,800 SF

Location Insight

City
Waco
County
McLennan
State
Texas
Latitude
31.5348439
Longitude
-97.286868
4200 Skeet Eason Rd, Waco, Texas

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4200 Skeet Eason Rd
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