17.34 Acres Fronting HWY 87

Vacant Land for Sale
Catylist Listing ID: 28658405
Property Subtypes: Industrial, Office, Retail, Self Storage, Other
Gross Land Area: 7 - 17.34 Acres
Sale Price: $440,000
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/19/2017

Overview / Comments

The subject property is an irregular shaped tract of land containing a total of 17.34 acres out of a 17.66 acre tract, located just north of San Angelo with over 3,581' of frontage along the northeast side of N. US HWY 87, southern boundary is accessed by Grape Creek Road and Sideview Road.

The property can be divided into 2 separate tracts, minimum 7 acres. Negotiable on location and pricing for smaller portion.

Depth ranges from 50' in the northeast portion up to 475' along the central portion as outlined in the attached layout documents. This is located outside of the city limits with no zoning in place. Traffic counts are estimated over 12,200 along HWY 87N.

The tract has an easement and driveway along the northeast edge to the CRMWD plant located east of the property along with a utility easement and LCRA Transmission Service overhead line to the south end of the property. Tom Green County will retain a section along the southern border measuring 50' wide and will grant ingress/egress from entry points along Grape Creek Road. Information on the easements is attached and further detail is available on request.

Owner has negotiated a rural water easement across the back of the property tha will include providing 2 water taps to the property after completion. Additional informatioin on this easement along with updates on the legal description and other easements is currently under review.

Additional Details

Nearest MSA: San Angelo
County: Tom Green
Tax ID/APN: 56-01609-0500-000-00
Zoning: NONE
Side of Street: Northeast
Road Type: Paved, Highway
Property Visibility: Excellent
Legal Description: Being 17.34 acres out of a 17.66 acre tract in the Llano County School Land Survey 964, Abstract 1609, Tom Green County, Texas
Site Description: Topography is level and appears to be well-drained. Partially cleared with remainder having a mixture of mesquite and brush, variety of density.
Easements: Pipelines, Electric Lines, Ingress/Egress
Easements Description: Full description of easements is available by request.

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,793 20,554
Median Age: 44.73 37.5
Households: 1,851 7,587
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