Mercer Dance Hall | 23490 Ranch Road 12
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Mercer Dance Hall 23490 Ranch Road 12
5,000 SF Retail Building Driftwood, TX 78619 $2,300,000 ($460/SF)
Investment Highlights
- No zoning
- 3-phase power
- 5,000 dancehall/warehouse with 8 inch slab
- Onsite well and septic
Executive Summary
The Mercer Dance Hall property located at 23490 RR 12, Driftwood, TX, 78619 sits on 4.18 acers of land, with one 5,000 SF dancehall and 4 Airbnb cabins. The dancehall is built on a 5,000 SF, 8 inch concrete slab, with 40 piers that are 20 feet deep. The property has a well and septic system that service the property. There are 5 cabins for rent at the back of the lot. There is no zoning. Mercer Dance Hall includes 3-phase power, 15 tons AC, and a 6,000 gallon retention tank.
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Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
5,000 SF
Building Class
B
Year Built
2018
Price
$2,300,000
Price Per SF
$460
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Land Acres
4.18 AC
Zoning
N/A
Parking
27 Spaces (5.4 Spaces per 1,000 SF Leased)
Frontage
508 FT on Ranch Road 12
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $779,820 | |
Land Assessment | $640,540 | Total Assessment | $1,420,360 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$640,540
Improvements Assessment
$779,820
Total Assessment
$1,420,360
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Mercer Dance Hall | 23490 Ranch Road 12
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