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North Ih-35
3.57 Acres of Commercial Land Offered at $625,000 in Troy, TX 76579
Investment Highlights
- Utilities on-Site
- Great Access from NB or SB IH-35
- Steady/Stable Growth Market
- Zoned for Commercial Use
- Several New Residential Developments in Progress
- Access in Place
Executive Summary
Property Facts
| Price | $625,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| Sale Conditions | 1031 Exchange | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 3.57 AC |
| Price | $625,000 |
| Sale Type | Investment or Owner User |
| Sale Conditions | 1031 Exchange |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.57 AC |
1 Lot Available
Lot
| Price | $625,000 | Lot Size | 3.57 AC |
| Price Per AC | $175,070 |
| Price | $625,000 |
| Price Per AC | $175,070 |
| Lot Size | 3.57 AC |
3.578 Acres (155,857.68 Sq.Ft.)
Description
Description/Land Use: 3.578 Acres, Commercial-Retail Development Site. Location/Access: At the Intersection of the North Troy Overpass. Commercial Access-Entrance in Place. Easy Access from NB & SB IH-35. Traffic Count: 60,000+ AADT (Q1 2019). Zoning: General Business. Utilities: 8" Water Line; 8" Sewer Line; Overhead Electric (Oncor). Hydrology/Topography: Mostly Flat and Cleared. Appears to be outside of the 100 or 500 year flood hazard areas. Demographics: Steady Growth Market with Several New SF & MF Residential Developments in Progress. 1) 7,240+ 5-Mi. Population (2018). 2) $78,000+ 3-Mi. Avg. HH Income (2019). 3) Projected 2,864 Housing Units by 2024. 4) Ave HH Income Projected to be nearly $90,000 by 2024. 5) 1.67% Unemployment 5-Mi. (2018) Price: $625,000 ($4.00/SF).
PROPERTY TAXES
| Parcel Number | 78090 | Improvements Assessment | $0 |
| Land Assessment | $144,749 | Total Assessment | $144,749 |
PROPERTY TAXES
zoning
| Zoning Code | General Business |
| General Business |
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David Jirasek -
Jeremy Jirasek - Jirasek Realty
Presented by
Jirasek Realty
North Ih-35
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