Lake View Towne Center - Development Land

Vacant Land for Sale
Catylist Listing ID: 28869588
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 1 - 7.40 Acres
Sale Price: $5 - 9 PSF
Land Splits Available: Yes
Sale Terms: Cash to Seller, Build-to-Suit, Other
Cap Rate: Undisclosed
Last Updated: 12/19/2018

Overview / Comments

Will Divide - Over 7 acres of land, 280' fronting the east side of N. Bryant Blvd at 29th Street, secondary access along 29th by the Lake View Towne Center and main signalized entry to Super Wal-Mart . Currently one existing curb cut near the Shannon Medical Center with one additional curb cut to be permitted closer to Walgreens for the remaining 2 acres of frontage.

Development Plans -
1) 2 Acres fronting Bryant Blvd - Retail/Restaurant Use - max of 3 tenants or 2 available pad sites each being approximately 145' X 300', $9.00 per sqft.

2) 5.4 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

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
Taxing Authority: Tom Green
Tax ID/APN: 16-30920-000-027-00
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: 262
Traffic/Vehicle Count: 25,084
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 2 existing strip centers at signalized entry. Several fast food locations in all directions. New Mcalister's Deli along with 2 new hotels to the south.
Development Name: Lake View Towne Center
Easements: Ingress/Egress, Other
Available Utilities: Electric, Water, Gas, Sewer, Cable, Other
Water Service: Municipal
Sewer Type: Municipal

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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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