3 Acre Lot - Highway Frontage - For Sale/Lease

Vacant Land for Sale
Catylist Listing ID: 28743992
Property Subtypes: Industrial, Other
Gross Land Area: 3 Acres
Sale Price: $195,000
Unit Price: $65,000 Per Acre
Sale Terms: Cash to Seller, Owner Financing, Build-to-Suit, Other
Cap Rate: Undisclosed
Last Updated: 11/27/2018

Overview / Comments

Rectangular 3 acre (262'X500') parcel with HWY 87 frontage. The property has been cleared and is level with utilities extended to the site.

Owner will consider several options - Sale, Lease, Build to Suit -
1) Sale - $195,000 ($65,000 per acre)
2) Lease As-Is - $2,000 per month NNN, minimum 3 year lease
3) Lease Improved - $3,200 per month NNN, minimum 5 year lease, improvements will include a 6" base and 6' fence.
4) Build to Suit - $6,700 per month NNN, minimum 5 year lease, Owner has previously bid a project being 5,000 sqft office/warehouse with base and fence

Additional Details

Nearest MSA: San Angelo
County: Tom Green
Tax ID/APN: 16-30710-0000-001-00
Side of Street: North
Road Type: Highway Service Drive
Property Visibility: Excellent
Legal Description: Being 3 acres, Lot 1, Lake Drive Subdivision, City of San Angelo, Tom Green County, Texas
Largest Nearby Street: Lake Drive to North
Feet of Frontage: 262
Lot Frontage: 262
Lot Depth: 500
Topography: Level
Available Utilities: Electric, Water, Sewer

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,443 30,152 72,550
Median Age: 38.19 35.46 33.94
Households: 980 11,325 26,782
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