.93 acres, no floodplain. Approximately 252 feet on Hwy 290! Zoned C3 Highway Commercial. We believe that a buyer is likely to tear the existing building down, but currently the building and land is rented to 6 tenants and also provides office space for the current owner. Rents total $4625 per month. There are 2 water meters and at least 2 electric meters. Property is 2 legal lots on Hwy 290 with a traffic count per TXDOT of 45000 vehicles per day/ The projected growth in Elgin's population is substantial and this a great opportunity to be in the middle of it! All tenants are on a month to month lease. Behind this property is 13.25 acres with limited Hwy 290 frontage and a preliminary multi use site plan and behind that property is a property with a subdivision in process.
MLS# | 4546808 |
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Listing Type | For Sale |
Style | Office Building |
Sub-Type | Resale |
Status | Active |
Year | 1970 |
Days On Site | 7 |
Listing Provided By | Winkler & Co REALTORS, Menley | Sandy Menley |
SQ Feet | 3,200 |
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Building(s) | 3 |
Zoning | C-3 Highway Commercial |
Acreage | 0.92 |
Water Front | Yes |
Property View | None |
State | TX |
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County | Bastrop |
City | Elgin |
Zip Code | 78621 |
Area | EL |
Community Name | The Frank Martinez Sub |
Listing VS Median (in The Frank Martinez Sub) | |
Price: $1,500,000 low | high Med: $1,150,000 SqFt: 3,200 low | high Med: 10,987 $ / SqFt: $469 low | high Med: $256 On Site: 7 low | high Med: 7.000000 |