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316 Drexel Dr

7.22 Acres of Commercial Land Offered at $2,900,000 in San Angelo, TX 76901

Executive Summary

Large commercial tract in southwest San Angelo next to the new HEB and new Honda Dealership. Incredible visibility fronting access road to Hwy 67 and Loop 306, major renovation through COSA/TXDOT which has increased traffic flow directly to the site via signalized intersection at the Lowe's/Walmart Entry and extension of road to the SW corner of the property. West across the street is a new HEB (Feb 2018) along with continued development of several restaurant outparcels and additional retail. Behind the property (North) is a development with large upscale custom homes, across the highway is large commercial development consisting of Super Wal-Mart, Lowe's, Sam's Club, etc. Future development as expansion continues consists of retail, mixed use office, medical, multi-family, etc.

This includes an underground drainage system to allow all storm water to enter at the SE corner of the site and flow below the Honda Dealership to a detention pond. This will maximize useable land and has been installed.

Property Facts

Price $2,900,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Mixed Use
  • Multifamily
  • Medical
  • Office Park
  • Retail Warehouse
  • Self Storage
Total Lot Size 2.10 AC

1 Lot Available

Lot The Bluffs

Price $2,900,000
Price Per AC $401,662
Lot Size 7.22 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-14350-0000-010-00
Land Assessment
$58,500
Improvements Assessment
$0
Total Assessment
$58,500
  • Listing ID: 3912047

  • Date on Market: 2/15/2011

  • Last Updated:

  • Address: 316 Drexel Dr, San Angelo, TX 76901

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