4200 Skeet Eason RdWaco, TX 76712

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.