.49 acre lot On Hwy 290 with approximately 114 feet on Hwy 290! Zoned C3 Highway Commercial. Currently the lot is rented to a Taco Stand for $1000 per month on a month to month lease. Water and electric meter in place. Per TXDOT traffic count is approximately 32,820 cars per day. The projected growth for Elgin is substantial, this pad site provides great opportunity to be in the middle of it. Seller also owns the .43 acre lot to the east with the brick office building...he would sell both lots for $1,500,000 and would consider owner financing on the combined sale Behind this property is a 13.25 acres property with limited Highway frontage and a preliminary site plan for multi use. This property would greatly increase the ease of development, as well as being a good investment on it's own
MLS# | 6891520 |
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Listing Type | For Sale |
Style | Commercial |
Sub-Type | Resale |
Status | Active |
Year | 2000 |
Days On Site | 9 |
Listing Provided By | Winkler & Co REALTORS, Menley | Sandy Menley |
SQ Feet | 18,774 |
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Zoning | C-3 Highway Commercial |
Acreage | 0.49 |
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: $800,000 low | high Med: $1,150,000 SqFt: 18,774 low | high Med: 10,987 $ / SqFt: $43 low | high Med: $256 On Site: 9 low | high Med: 9.000000 |