Spring-Fed Lake Close to Downtown Houston w/ Turn-Key Fitness Business
- County: Harris
- Address: Schurmier Road
- Zip: 77048
- Type: Commercial Property, Lakefront Property, Residential Property, Undeveloped Land
- City: Houston
- Price: $1,495,000
- Acres: 19
- State/Zip: Texas 77048
- Status: Contract Pending
288 Lake is a 19 acre property with a 14 acre, 100% spring-fed, crystal clear lake right off of Beltway 8, less than 15 minutes from Downtown Houston. The property is unrestricted and can be utilized for commercial or residential. 288 Lake generates six figures in revenue yearly, between their scuba-diving facilities, stand up paddle rentals, and triathlon training. This could be buy and hold while continuing and growing the business while reducing basis in the purchase price. Then selling the property for a profit at a later date. A large fitness membership based facility could be built and extended out onto the lake. A smaller scale water park. Or a residence for a home, where the owner would have their own 14 acre private spring fed lake. The possibilities are endless with this property.
WATER: 14 acre spring fed lake. Approximately 40ft deep. It is constant level, even during the drought.
ZONING: No zoning: Can be utilized for commercial or residential use.
LOCATION: 288 Lake is located less than a mile from Beltway 8/Sam Houston Tollway.
NOTES: This is an extremely rare opportunity to own a large spring fed lake with clear water so close to downtown Houston with significant income potential.
© 2016 Texas Alliance of Land Brokers
© 2016 CoStar Group, Inc.