Industrial Land - Will Divide/Build to Suit

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 25832731
Property Subtypes: Industrial, Retail, Retail-Pad, Self Storage
Status: Pending/Contingent
Gross Land Area: 3 - 5 Acres
Sale Price: $1.75 - 2.50 PSF
Land Splits Available: Yes
Sale Terms: Cash to Seller, Build-to-Suit, Other
Cap Rate: Undisclosed
Last Updated: 10/30/2017

Overview / Comments

This parcel contains a total of 5 remaining acres at the southeast signalized corner of Old Christoval Road and South Chadbourne (Across from Stripes Convenience Store). Owner is willing to divide remainder depending on needs and will consider sale, lease, or build to suit options. Potential divisions would consist of 3-5 acre sites.
- 5 acre site - at the Chadbourne/Old Christoval intersection, cleared and level, water and sewer to site. $1.75 per sqft ($76,230 per acre)
- 2-3 acre site at the signalized intersection for higher end retail, service station, or office listed for $2.50 per sqft ($108,900 per acre).
- 2 acres south of the intersection on Old Christoval next to Priority Energy, more of an office/whse area with over 250' of frontage, cleared and leveled. Asking $1.50 per sqft ($65,000 per acre).
- 2.5-5 acres along eastern border facing S. Chadbourne has been fenced with base material for 1 or 2 sites. Can be sold or leased as-is or with options for build to suit. Prices to be negotiated.

The property is cleared and leveled with base material on the eastern 5 acres. Current zoning is Light Manufacturing and utilities including sewer are extended to the corner site, water extended across all remaining parcels.

Additional Details

Nearest MSA: San Angelo
County: Tom Green
Tax ID/APN: 38-07278-0001-000-00
Zoning: LIGHT MANUFACTURING
Side of Street: Southeast
Road Type: Paved
Property Visibility: Excellent
Legal Description: Being a portion of 17.91 acres of the CF Potter Addition, Section 160, City of San Angelo, Tom Green County. A-7278, S-0160
Largest Nearby Street: Old Christoval
Feet of Frontage: 726
Site Description: the parcel is irregular in shape with approximately 726' fronting Chadbourne, 271' fronting Christoval, 508' southern border, and 534' eastern border. Flat and slightly raised to surrounding properties and the main intersection of Chabourne and Christoval. Utilities are shown to be to the site containing city water, electric, possibly sewer.
Area Description: The intersection has several thriving businesses along with a large gas station directly across the street. The area consists of multiple warehouses and storage yards. The property is located approximately 0.67 miles to the south entrance of Goodfellow Airforce Base.
Lot Frontage: 726
Lot Depth: 534
Zoning Description: Light Manufacturing
Easements Description: City will require a 25' set back on all frontage.
Available Utilities: Electric, Water, Sewer

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,350 38,320 81,261
Median Age: 34.03 33.22 34.85
Households: 982 14,214 31,457
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