Lake View Towne Center - Development Land

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 28869588
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Other
Status: Pending/Contingent
Gross Land Area: 1 - 14 Acres
Sale Price: $2 - 9 PSF
Land Splits Available: Yes
Sale Terms: Cash to Seller, Build-to-Suit, Other
Cap Rate: Undisclosed
Last Updated: 10/19/2017

Overview / Comments

Will Divide - Over 14 acres of land with over 437' fronting the east side of N. Bryant Blvd at 29th Street, access along 29th by the Lake View Towne Center and main entry to Super Wal-Mart, eastern boundary . Currently one existing curb cut near the Shannon Medical Center with one additional curb cut permit closer to Walgreens.

Development Plans -
1) 1 Acre Parcels along Bryant Blvd - Retail/Restaurant Use - 2 available lots with approx. 145' X 300' deep. $9.00 per sqft.

2) 5.6 Acre Middle Section - Access and visibility along Bryant Blvd - Hotel, Apartment, Retail Use - Primarily square with access and strong visibility along Bryant as well as 29th Street. $5.00 per sqft. Will Divide

3) 5.12 Acres Eastern Portion - Access from 29th Street and Martin Luther King Dr. - Multi-Family, Office, Storage, etc. - Primarily square with several options. $2.30 per sqft, Will Divide.

Owner is willing to Sell, Lease, or Build to Suit. Multiple Options available. Please contact Listing Broker for additional Information.

Additional Details

Nearest MSA: San Angelo
County: Tom Green
Tax ID/APN: 16-30920-000-027-00
Zoning: GENERAL COMMERCIAL
Property Located Between: 26th and 29th
Side of Street: Northeast
Road Type: Paved, Highway
Property Visibility: Excellent
Legal Description: Portion out of Lot 27, Section One, Lake View Towne Center, City of San Angelo, Tom Green County. Per Plat Recorded in Cabinet G, Slide 92, Plat Records of TGC
Feet of Frontage: 437
Traffic/Vehicle Count: 20,000
Highway Access: Bryant Blvd is also known as HWY 87
Site Description: Cleared and level, utilities to the site, additional division available depending on needs.
Area Description: Surrounded by heavy retail, Walgreens bordering to the North, Shannon Medical and O'Reilys to the South, Super Wal-Mart along with one existing strip center with one under construction. Several fast food locations in all directions. New Mcalister's Deli under construction along with 2 hotels to the south under construction.
Development Name: Lake View Towne Center
Available Utilities: Electric, Water, Gas, Sewer, Cable, Other

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,927 47,392 84,725
Median Age: 32.98 35.2 34.04
Households: 2,910 18,203 32,658
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