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Lake LBJ Marineland Showroom 13902 W. FM 1431

14,960 SF Retail Building Kingsland, TX 78639 $2,299,000 ($154/SF)

Investment Highlights

  • Prime location - Former LBJ Marineland Showroom with 16 marina docks, 250’+ of water frontage on Mill Creek + access to community boat ramp.
  • 14,960 sf under HVAC consists of an attractive 11,760 sf showroom (built in 2000) and an adjoining 3,200 sf annex (built in 2015)
  • 370’+ of frontage on FM 1431 (11,000+ vehicles daily)

Executive Summary

Prime location - Former LBJ Marineland Showroom with 16 marina docks, 250’+ of water frontage on Mill Creek + access to community boat ramp. 370’+ of frontage on FM 1431 (11,000+ vehicles daily) with a large lighted pylon sign. 14,960 sf under HVAC consists of an attractive 11,760 sf showroom (built in 2000) and an adjoining 3,200 sf annex (built in 2015). Showroom is a clear-span steel-frame building with high ceilings, partial masonry inside and out, stained and scored concrete floors, wood accents, insulation, and wall of plate glass windows. There are 3 overhead doors to the exterior (largest is 20’ h x 14’ w) and an oversized rollup door to the annex. Large sales office features oak cabinetry and a sales counter with glass-front display, and additional space for merchandise above. There are 5 private windowed offices (3 off the main showroom, 2 in the mezzanine), some with custom cabinetry, a break-room with full kitchen, conference space, 4 restrooms (2 ADA on main level, 2 in mezzanine), mechanical room, and plenty of storage. The 1+ ac lot is fenced and gated with concrete parking surfaces and is accessible from both FM 1431 and CR 132b. Mill Creek is near the conflux of the Llano and Colorado Rivers. All docks have electrical outlets and 4 are covered (2 under a gabled roof and 2 under a spacious deck). Community boat ramp is adjacent to the property line to the North-East. Ideal location and size for a sales center for boats, RVs, motorsports, wetbikes/jet skis, trailers, truck outfitters, and more. Also available under a separate listing: 6,000 sf overflow showroom with 145’ of frontage on FM 1431. Lake LBJ is a constant-level reservoir above Wirtz Dam on the Colorado River and part of the Highland Lakes chain. President Lyndon Johnson and family enjoyed their home on the lake during and after his time in the White House. Today, the shoreline surrounding Lake LBJ is highly developed, with miles of lakeshore homes and boat houses.

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
14,960 SF
Building Class
C
Year Built
2000
Price
$2,299,000
Price Per SF
$154
Tenancy
Single
Building Height
1 Story
Loading Docks
20 Exterior
Building FAR
0.24
Lot Size
1.46 AC
Zoning
Commercial - Commercial
Parking
24 Spaces (1.6 Spaces per 1,000 SF Leased)
Frontage
370 FT on FM 1431

Amenities

  • Fenced Lot
  • Signage
  • Waterfront
  • Accent Lighting
  • Storage Space
  • Monument Signage
  • Air Conditioning

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • None
  • -
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
None - - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
24665
Land Assessment
$54,826
Improvements Assessment
$1,556,451
Total Assessment
$1,611,277
  • Listing ID: 31494019

  • Date on Market: 4/12/2024

  • Last Updated:

  • Address: 13902 W. FM 1431, Kingsland, TX 78639

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