5.6 Acres in San Juan, TX
Vacant Land
for Sale
| Catylist Listing ID: |
30636858 |
| Property Subtypes: |
Retail
|
| Gross Land Area: |
5.60 Acres
|
| Sale Price: |
$2,250,000 |
| Unit Price: |
$401,785 Per Acre |
| Sale Terms: |
Undisclosed |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/30/2020 |
Overview / Comments
|
Excellent development commercial site with 331 ft of frontage on east bound Expressway 83. Site has a 736 depth and is zoned C-1 (Neighborhood commercial). Located at 701 E Interstate 2, San Juan, Texas. In the heart of the luxury car corridor, the west boundary of the property is the Land Rover/Jaguar dealership; the east boundary is the Gisla Home Decor center. Audi, Acura and Mercedes Benz are nearby and Lexus is building across the Interstate This is an excellent property for development. Site has a 12 in. sewer line and a 6 in. water line on property. Current Tenant would be willing to sign a long term lease. Currently paying $72,000 annually NNN
|
Additional Details
| Nearest MSA: |
McAllen-Edinburg-Mission |
| County: |
Hidalgo |
| Tax ID/APN: |
112001 |
| Site Description: |
Located at 701 E Interstate 2, San Juan, Texas. In the heart of the luxury car corridor, the west boundary of the property is the Land Rover/Jaguar dealership; the east boundary is the Gisla Home Decor center. Audi, Acura and Mercedes Benz are nearby and Lexus is building across the Interstate This is an excellent property for development. |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
11,421 |
98,513 |
194,063 |
| Median Age: |
28.53 |
29.63 |
29.56 |
| Households: |
3,054 |
27,567 |
55,952 |
|
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