For Auction

REO Sale | DFW Boat & RV Storage + Industrial Outdoor Storage

5638 County Road 547,
Nevada, TX 75173
Represented by
Marcus & Millichap

Asset Snapshot

Real Estate
Asset Type
5.00 Acres
Land Area

Offering Summary

Investment Highlights:

  • Vacant Boat & RV Storage — Ready to Reopen: 170-unit open-air storage facility on 5.0 acres offers day-one operational upside under new ownership.
  • Sub-Mile Proximity to Lake Lavon: Situated less than 1 mile from Lake Lavon, the primary recreational demand driver for boat and RV storage in the submarket.
  • IOS-Convertible Site with Minimal CapEx: Gravel-surfaced, fenced, gated yard with 98,003 rentable SF is immediately usable as industrial outdoor storage.
  • Nine RV Resorts Create Built-In Demand Pool: Nine RV resorts operate within close proximity, providing a captive renter base for newly activated storage units.
  • Affluent, Fast-Growing Trade Area: Average household income exceeds $115,000 within 1–5 miles; population has more than doubled since 2010.
  • Remote-Managed Infrastructure Already in Place: StorEDGE software, 24/7 keypad entry, 8-ft chain-link fencing, and surveillance cameras minimize operational overhead.


Offering Summary:

RealINSIGHT Marketplace, in partnership with Marcus & Millichap, is pleased to present 5638 County Road 547, Nevada, TX — a 170-unit open-air boat and RV storage facility currently under bank ownership and available for immediate repositioning. Situated on approximately 5.0 acres within the Dallas MSA, the property comprises 169 uncovered parking spaces ranging from 468 to 715 SF and one enclosed structure, totaling 98,003 rentable SF. Originally constructed in 2024 by a father/daughter partnership, the facility was purpose-built for the lakefront storage market and features personalized keypad gated entry, 8-foot perimeter fencing, 24-hour video surveillance, and StorEDGE management software — all systems a new operator can activate with minimal ramp-up. The site's open-yard configuration also positions it as a viable IOS play for fleet, contractor, or equipment storage users seeking a fenced, gated yard with immediate access to State Highway 78. Less than 1 mile from Lake Lavon and 3 miles from the nearest public boat ramp, the location is purpose-fit for its intended use. The surrounding submarket reflects strong demographic tailwinds: average household income exceeds $115,000 within a 1–5 mile radius and the population has more than doubled since 2010, with 26% additional growth projected over the next five years.


Location:

Located at 5638 County Road 547 in Nevada, TX, the property sits less than 1 mile from Lake Lavon and 3 miles from the Lavon Lake Boat Ramp. Nine RV resorts operate within close proximity. State Highway 78 is accessible within 0.88 miles, connecting the site to Wylie, Plano, and the broader Dallas MSA.


Location Stats:

< 1 Mile : Distance to Lake Lavon
$115,000+ : Avg. household income, 1–5 mi radius
 9 : RV resorts within close proximity
 

Due Diligence

Transaction Managers

Platform Fee

Buyer pays a minimum platform fee of 5% or $25,000 at closing.

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Auctioneer

Lamar P. Fisher
Fisher Auction Company Inc.
License: 10344

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Investment Sales Brokers

Thomas Dickinson
Marcus & Millichap
Derek Schuster
Marcus & Millichap
TX License: 685656
Paul Casella
Marcus & Millichap
TX License: #750071-SA
TS
Tim Speck
Marcus & Millichap
TX License: 9002994

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.