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: 9/23/2020

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.

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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

Contact

Photograph of Listing Agent

Randy Summers, CCIM

Davis Equity Realty STCAR CIE Member
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