1.992 Acres - Redevelopment Opportunity

Austin, TX (Travis County)

Redevelopment Opportunity!
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Asking Price: Get Financing: $850,000

Cash Flow: $26,000

Gross Revenue: $55,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: N/A

1.992 Acres - Redevelopment Opportunity

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Business Description

The site is currently operating as an RV/Boat Storage facility. It also has a house on the property that is on an annual lease. Total income from these activities is approx. $55,000 annually. The net revenue is about $26,000 annually.

The site has already been approved as neighborhood commercial (LR) and can have a co-branded gas station (non-truck stop), administrative and business offices, medical offices or daycare services (commercial or general or limited).

The area is exploding with growth, from residential homes to two new schools being constructed within a 1/4 mile radius of this site. The site has sewage easement approval (for the commercial property once built), water and electricity on site.

The list price of $850K is for the land, home and the business. If you are not looking to purchase the business with the land, then the land and home list price are $825K.

Detailed Information

Real Estate:
Owned
Building SF:
86,772
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Contact the Seller

(from currently available funds)
 
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J. Robert Santos, MBA, ABI, Commercial RealtorĀ®

Business Listed By:
J. Robert Santos, MBA, ABI

Prolific Commercial Realty

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