This is a 10.00 acre tract with the front portion of the property owner-occupied including two improvements and the rear portion of the property ground leased to a truck parking and storage tenant. Site is served by electric and water. The front 5.55 acres is currently owner-occupied and used by an RV leasing company. Improvements include a two-story 2,481 SF single-family residence with three bedrooms and three bathrooms that can be utilized as an office. There is another 503 SF office building at the front of the property near County Road 107. There are 8 RV spots with 30 and 50 amp capacity offering an additional revenue stream. The rear 4.45 acres of the property is under a ground lease to a truck parking and storage company with less than 4-years remaining on its base lease term and three, three-year renewal options. There is approximately 3.5 acres improved with parking area, private driveway, and private entrance. Tenant pays pro-rata share of triple net expenses and is responsible for maintenance of driveway and parking areas. Ideal for commercial or industrial development on the front 5.55 acres for an owner-user with rental income available from the ground lease. This property includes outstanding visibility, demographics, and no restrictions located in an area of fast growth. Conveniently located less than half a mile from the SH 130 and Chandler Road interchange.
Cable Available, Electricity Available, High Speed Internet Available, Propane, Sewer Not Available, Underground Utilities, Water Available
On Site, Open, Unassigned, Unpaved
|Price Reduced (from $6,000,000)||$5,500,000||$500,000 (8.33%)|
Property Listed by: Keller Williams Realty
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from February 5th, 2023 at 3:47am CST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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