Arden Road Mixed Use Development

Vacant Land for Sale
Catylist Listing ID: 29693493
Property Subtypes: Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 4 - 20 Acres
Sale Price: $2 - 4 PSF
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Build-to-Suit, Other
Cap Rate: Undisclosed
Last Updated: 10/30/2017

Overview / Comments

Arden Ranch consists of a mixed use development opportunity along the Western boundary of San Angelo at the corner of Arden Road and FM 2288.

The project consists of over 1,000 acres with residential overlooking San Angelo from hilltop views and a mixture of transitional multi-family/Office with retail fronting the highway access. There are preliminary plats consisting of 12 separate retail parcels along the frontage ranging from 4 acres up to 20 acres. Details and maps are available on request, general information is provided below. The property will be cleared with preliminary entrances located along 2288, water lines are in the process of being extended and will be available for development.

General Commercial Use -
- 4.04 acres at the corner of Arden and 2288 - $4.00 per sqft
- 6 individual tracts ranging from 5-10 acres along 2288 - $2.00-$2.50 psf
- 18.1 acres at the northern boundary - $2.00 per sqft

Additional 200 acres west of commercial zoning for transitional area of office, townhomes and single family development can be purchased, price to be negotiated.

Additional Details

Nearest MSA: San Angelo
County: Tom Green
Side of Street: West
Road Type: Paved, Highway
Property Visibility: Excellent
Zoning Description: Currently outside city limits with no zoning. Potential annex and development plan will call for zoning similar to City standards of General Commercial.
Development Name: Arden Ranch
Available Utilities: Electric, Water

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,801 33,465 68,525
Median Age: 35.41 36.06 35.68
Households: 1,009 13,926 27,640
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