Downtown River Frontage

Vacant Land for Sale
Catylist Listing ID: 29945852
Property Subtypes: Hospitality, Multi-Family, Office, Retail
Gross Land Area: 4.63 Acres
Sale Price: $1,500,000
Unit Price: $323,974 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/16/2017

Overview / Comments

Outstanding river frontage near downtown San Angelo. Across the river from the City's new improved river walk and park system, this privately owned land provides the opportunity for a private developer to be a part of the synergy that is "Downtown San Angelo"!
Over 4 acres of land with the opportunity to close a couple of streets to add more land to the tract. The tract approximately 600 ft of frontage on the Concho River. Potential uses are hotels, upscale apartments/condos or a mixed use development.
An additional 0.602 acre tract is located on the east side of Irving that is part of the offering. This tract can be purchased separately.

Additional Details

Nearest MSA: San Angelo
County: Tom Green
Submarket Type: Central Business District
Property Located Between: Irving and Koenigheim
Property Visibility: Good
Largest Nearby Street: Bryant Throughway
Lot Frontage: 271 ft on Irving St., 360 ft on W. Ave A, 590 ft of S. concho River Frontage
Lot Depth: 409 ft to 252 ft
Zoning Description: The original zoning is a combination of Light Commercial, Single family and multi-family. A Planned Development will be the future zoning.
Topography: Gently Sloping
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,684 68,616 90,771
Median Age: 40.63 33.37 34.87
Households: 3,578 26,041 35,074
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