Very good investment opportunity! $1,580,000 price with a 10% +/- Cap Rate 50,400 +/- SF, Flex space...
RIGHT LOCATION! RIGHT PRICE! 16.5 Acres with mature majestic oaks and a former residence that could be used as an office. Seller will divide which makes this a great opportunity. One 3 acre parcel and two 6.75 acre parcels. 732 ft of Hwy Footage. Average price per sq ft $2.40 making this one of the best values for property in the market. Excellent location. Airport and warehouses in light industrial upscale park adjoin the property. Situated between Airport and Crossgates I-20 Interstate exchanges. Fronts Hwy 80. City of Pearl owns adjoining property. Current C-1 zoning.
- MLS® #307504
- Year Built1955
- Sub-TypeCommercial Land
- Listing AgentAnn Prewitt
- Listing OfficeBerkshire Hathaway Ann Prewitt
- Lot Description10+ Acres, Level
- Date ListedApril 12th, 2018
- Days on Market309
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