RESTAURANT SITE SURROUNDED BY HOTELS

Vacant Land for Sale
Catylist Listing ID: 29891601
Property Subtypes: Retail-Pad
Gross Land Area: 2.17 Acres
Sale Price: $14 PSF
Total Price: $1,323,352
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/16/2017

Overview / Comments

This 2.174 acre land tract is the top site available in the City for a full service restaurant. The property is literally surrounded by 7 hotels totaling 618 rooms with an additional hotel of 104 units to be built in 2016. All of these hotels are a very short walk from this site
The tract is situated just off the Houston Harte Freeway and Sherwood Way. A new Cavender's Western Wear is across the street from the site. Also in the immediate area is Olive Garden, The Home Depot, Home Zone, and Golden Cor

Attachments & Media

Additional Details

Nearest MSA: San Angelo
County: Tom Green
Taxing Authority: Tom Green County Appraisal District
Tax ID/APN: R000008490
Zoning: C-G GENERAL COMMERCIAL
Property Located Between: Sherwood Way and Houston Harte Frontage Road
Property Visibility: Excellent
Legal Description: Lot 4C, Section 5, Block 2, Red Arroyo Hills Addition, First Replat of Lot 4B, City of San Angelo, Tom Green County, Texas
Largest Nearby Street: Houston Harte Frontage Road
Feet of Frontage: 391
Highway Access: Southwest Blvd is ideally located between an exit ramp and an entry ramp on the east bound lanes of Houston Harte Freeway.
Site Description: The site is level and highly visible
Area Description: This immediate area has experienced the highest level of construction of any area of the City the last 5 years
Lot Frontage: 391 ft
Lot Depth: varies to approx 300 ft
Zoning Description: Retail, hotels, restaurants, and others
Topography: Level
Easements Description: Water and Sewer Easements along Southwest Blvd
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,601 49,565 77,707
Median Age: 33.34 34.2 35.45
Households: 4,051 20,230 31,110
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