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Executive Summary

The Utility Advantage: This off-market property features fully active, heavy commercial utility hookups built directly across the entire acreage layout. It completely bypasses municipal raw-land trenching delays.
Multifamily Conversion Vector: The pre-existing room shells possess individual bathroom plumbing lines, isolated electrical meters, and individual HVAC sleeves—allowing a syndication group to drop in compact micro-apartment kitchenette modules for a fraction of the cost of a ground-up construction build.
RV Park Development Vector: The level concrete foundations paired with high-capacity waste, water, and power infrastructure provide a premier turn-key layout for an RV park or luxury glamping destination. A developer can scrape existing surface elements and anchor high-margin RV pads directly over the pre-existing mechanical utility tie-ins.
Flexible Capital Stack: The title is held 100% clear. Principal cushions, custom maturity horizons, and performance-based interest structures can be engineered during the letter of intent (LOI) underwriting block to optimize the sponsor group's internal rate of return (IRR).

Attachments

FLYER

Property Facts

Price $595,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Hospitality
Total Lot Size 2.83 AC
Opportunity Zone Yes
Zoning Unrestricted

1 Lot Available

Lot

Price $595,000
Price Per AC $210,247.35
Lot Size 2.83 AC

Rectangular Lot on Hwy 35

Description

FOR SALE BY OWNER OFF-MARKET ADAPTIVE REUSE & RE-DEVELOPMENT OPPORTUNITY MULTI-FAMILY CONVERSION SHELL/RV-DESTINATION PRICE BELOW COUNTY APPRAISAL TARGET ALLOCATION $595,000 ABOUT THIS PROPERTY FEATURES OVERVIEW 46 guest rooms 2 BR Apartment (approx) 121,968 sq.ft. LAND/ 3 bed 2bath 2 car garage house Priced Below way County Appraisal Value of $1,300,000 — Entire 46-Rooms Motel & Business Included as a BONUS! OWNER FINANCE AVAILABLE! Flexible Seller Financing Note Structure Available MOTIVATED SELLER/ABSENTEE OWNER Priced Below Official MCAD Valuation THE ACTIVE UTILITY MOAT (CAPEX DISRUPTION): The site features fully active, heavy commercial utility infrastructure built directly across the layout Includes main commercial sewer/septic lines, high-volume city water loops, and established high-capacity electrical drops. This engineering core allows a development group to completely bypass expensive municipal raw-land trenching delays, cutting standard project development timelines MULTIFAMILY ADAPTIVE REUSE VECTOR (WORKFORCE HOUSING): The pre-existing structure features 46 independent room units constructed with isolated plumbing columns, dedicated electrical feeds, and individual HVAC sleeves. This physical layout allows syndication groups to drop in compact microapartment kitchenette modules for a fraction of the cost of a traditional ground-up construction build. Ideally configured for an affordable housing or workforce shelter allocation model. RV PARK & LUXURY GLAMPING REDEVELOPMENT MATRIX: The level concrete and asphalt foundations (121,968 total square feet) provide a premier turn-key baseline layout for an RV park conversion. Developers can clear surface elements and anchor high-margin RV pads directly over the pre-existing mechanical utility tie-ins, saving months of civic excavation costs and rawdirt utility delays. ON-SITE ADMINISTRATIVE & RESIDENTIAL ASSETS: Includes a separate, detached 2,500 sq. ft. residential structure featuring 3 bedrooms and 2 bathrooms. This layout is perfectly configured to serve as a master corporate leasing office, an on-site development headquarters, or premium manager living quarters during the project stabilization phase. SELLER FINANCING NOTE STRUCTURE (THE CAPITAL STACK): The underlying deed is held 100% clear and unencumbered. Principal cushions, customized maturity horizons, and performance-based interest structures can be engineered during the initial letter of intent (LOI) underwriting block to fully optimize the purchasing sponsor group's internal rate of return (IRR). SOVEREIGN LEGAL DISCLAIMER & DUE DILIGENCE MANDATE CRITICAL COMPLIANCE NOTICE: This document is compiled strictly for general illustrative and informational purposes to assist prospective purchasers in conducting their own independent research. It does not constitute a formal contractual offering, an absolute guarantee of project viability, or certified engineering/architectural representations. NO WARRANTIES OR REPRESENTATIONS: Seller and Broker explicitly make zero contractual warranties, promises, verbal agreements, or absolute guarantees, either express or implied, regarding municipal zoning variances, local permit approvals, future utility capacity limits, local city council ordinances, or final apartment/RV conversion project compliance. AS-IS, WHERE-IS CONTEXT: This asset, including all land boundaries, utility connections, physical buildings, interior fixtures, and residential infrastructures, is offered and liquidated strictly on an "As-Is, Where-Is, with All Faults" basis. MANDATORY INDEPENDENT AUDIT: All prospective purchasing entities, investment syndicators, and private equity development groups are strictly mandated to execute independent engineering, environmental, financial, architectural, and municipal legal due diligence. Buyer assumes 100% of all development, regulatory, and capital risks associated with any subsequent physical conversion, adaptive reuse project execution, or zoning restructuring.

Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
19984
Land Assessment
$407,880
Improvements Assessment
$60,120
Total Assessment
$468,000
  • Listing ID: 40976561

  • Date on Market: 6/18/2026

  • Last Updated:

  • Address: 3501 7th St, Bay City, TX 77414

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