Office/WHSE Development Available - For Sale/Lease

Vacant Land for Sale
Catylist Listing ID: 30184470
Property Subtypes: Industrial, Office, Self Storage, Other
Gross Land Area: 175 Acres
Sale Price: $10,000 Per Acre
Total Price: $1,750,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/23/2018

Overview / Comments

FOR SALE/LEASE - Office Warehouse Development consisting of over 175 acres with preliminary plat and partial development. Several lots primarily along the SW quadrant have been developed and either leased or sold. There are currently 34 tracts ranging from 2.5 acres up to 32 acres along with locations of private roads and utilities which have been extended through the property. The development consists of an office/warehouse concept, typically 5-10,000 sqft buildings on fenced 2.5-5 acre tracts fronting 3 separate private drives. Owner will consider several options.

Land -
- Total 175 Acres - For Sale at $10,000 per acre ($1,750,000)
- 5-10+ Acres - For Sale at $18,000 per acre depending on location
- 2.5 - 5 Acres - For Sale at $25,000 per acre based on location

2 Existing Warehouses -
- 6,250 sqft on 2.5 acres, turn key finish out
- For Lease - $15 per sqft plus NNN, 5-7 year lease term
- For Sale - $350,000 as-is or $700,000 as completed

Additional Details

Nearest MSA: San Angelo
County: Tom Green
Taxing Authority: Tom Green County
Tax ID/APN: 44-04028-0005-000-00
Zoning: NONE - OUTSIDE CITY LIMITS
Property Visibility: Excellent
Available Utilities: Electric, Water
Water Service: Other
Sewer Type: Septic

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,258 10,499 38,367
Median Age: 43.53 35.49 34.93
Households: 470 3,865 14,170
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