9 Acres - Southland Blvd Development Land

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 29726453
Property Subtypes: Multi-Family, Residential (Single Family)
Status: Pending/Contingent
Gross Land Area: 9 Acres
Sale Price: $2.50 PSF
Total Price: $980,100
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/6/2017

Overview / Comments

Two parcels with a total of 9 acres across from Bonham Elementary School fronting Southland Blvd at the corner of Mills Pass. Recently this land was approved through City Council as PD (planned development) for development of a high end 2-story multi-family community. The planned development was a condition to allow this type of construction with some additional city requirements in relation to landscaping, fencing, density of units and overall layout.

The site has gone through a majority of approvals at the city level and will be ready for development with approval of final plans. Contact Broker for additional information.

Additional Details

Nearest MSA: San Angelo
County: Tom Green
Zoning: PLANNED DEVELOPMENT
Side of Street: West
Road Type: Paved
Property Visibility: Excellent
Legal Description: Lot 1-2, Section 1 and Lot 3, Section 2 of the Community of Faith Subdivision, City of San Angelo
Feet of Frontage: 740

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,443 38,168 69,314
Median Age: 39.62 36.19 35.71
Households: 1,714 15,616 28,071
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