43.583 Acres - Heavy Commercial - Will Divide

Vacant Land for Sale
Catylist Listing ID: 28759169
Property Subtypes: Industrial, Other
Gross Land Area: 5 - 43.58 Acres
Sale Price: $38,000 - 48,000 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/19/2017

Overview / Comments

Total size of 43.583 acres on the corner of Old Christoval Road and Gas Plant Road, over 1,500' fronting Old Christoval, 1,510' fronting Gas Plant. Ideal for development of flex space with outside storage for individual needs or master development of several lots. Cleared, Level, city utilities to the site. Located less than 0.35 miles northeast of the new Devon Energy proposed location and 0.3 miles west of Neighbors facilities.

Owner will divide into multiple tracts as shown on the attached preliminary layout and with prices shown below.

Total Tract being 43.583 acres priced at $38,000 per acre
Tract 1 & 2 - 10 acres each fronting Old Christoval - $40,000 per acre
Tract 3 - 5 acres fronting Gas Plant - $42,000 per acre
Tract 4 - 5 acres fronting Gas Plant - $45,000 per acre
Tract 5 - 5 acres fronting Gas Plant - $48,000 per acre
Remaining corner 8.58 acres - Price currently not disclosed

Currently these tracts have been cleared and will be divided as needed, 8' city water line runs along all frontage with fire hydrants in place.

Surrounded by oil field related companies and new development in all directions. Located just 1 block from 16 acre tract recently purchased by Devon Energy for future development.

Additional Details

Nearest MSA: San Angelo
County: Tom Green
Tax ID/APN: 38-00157-0004-010-00
Zoning: HEAVY COMMERCIAL
Side of Street: East
Road Type: Paved
Property Visibility: Excellent
Legal Description: Being 43.583 acres out of the Wilhem Etzel Survey No. 167, Abstract No. 157
Feet of Frontage: 1,571
Lot Frontage: 1571
Lot Depth: 1510
Zoning Description: Heavy commercial allows for outside storage and will fit needs of most service companies.

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 31,381 77,352
Median Age: 32.72 35.2
Households: 11,596 30,287
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