Vacant Land - General Commercial

Vacant Land for Sale
Catylist Listing ID: 2102671
Property Subtypes: Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 10.37 Acres
Sale Price: $6.50 - 14 PSF
Total Price: $2,936,161 - 6,324,040
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/19/2018

Overview / Comments

Large tract of commercial land in southwest San Angelo prime for Retail Development. Fronting access road to Hwy 67 and Loop 306 with major renovation plans approved by COSA and TXDOT to increase traffic flow directly to the site via signalized intersection at the Lowe's/Walmart Entry and extension of road to the SW corner of the property. Behind the property (North) is a development with large upscale custom homes, across the highway is large commercial development consisting of Super Wal-Mart, Lowe's, Sam's Club, etc. West adjoining property has preliminary development plans consisting of a large scale shopping center, primarily big box with outparcels and commitment from HEB as anchor grocery store. Future development as expansion continues would consist of retail, mixed use office, medical, multi-family, etc.

There is a preliminary layout attached. Outparcels will be available for $14 per sqft and the entire property can be purchased at $6.50 per sqft.

Additional Details

Nearest MSA: San Angelo
County: Tom Green
Tax ID/APN: 0314350000001000
Zoning: CG
Market Type: Medium
Side of Street: North
Road Type: Paved
Property Visibility: Excellent
Legal Description: 10.369 acres, Section 30, Tract J, The Bluffs Subdivision
Feet of Frontage: 964
Traffic/Vehicle Count: 27,334
Lot Frontage: 964
Lot Depth: 604
Development Name: The Bluffs
Topography: Level
Available Utilities: Electric, Water, Gas

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,902 41,477 72,501
Median Age: 37.28 35.75 35.54
Households: 3,032 16,675 29,195
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