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INVESTMENT HIGHLIGHTS
- Excellent Retail/Commercial Site
- Less Than 2 Miles from Future 123,000 SF Amazon Facility
- +/- 384 Feet of Frontage on W Tennessee Street (Hwy 90)
- Zoning: Commercial Parkway (CP)
- Only 1 Mile West from Capital Circle & 2 Miles from I-10 Exit
- Adjacent 11 Acres to the North May be Purchased as Well
EXECUTIVE SUMMARY
The front +/- 2.5 acres are zoned CP (Commercial Parkway), which allows about any type of retail/commercial use. So, technically, a mixed-use project could easily be developed on this site, with retail/commercial in the front, and multi-family/housing in the rear, or multi-family throughout the entire property. Another option would be to develop the rear part of the property as a multi-family/housing development, and re-sale the +/- 2.5 acres of commercial/retail property in the front, and recoup a major portion of your original investment.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
PROPERTY FACTS
| Price | $545,000 | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | Retail |
| No. Lots | 1 | Total Lot Size | 2.50 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | CP - Commercial Parkway | ||
| Price | $545,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 2.50 AC |
| No. Stories | 1 |
| Zoning | CP - Commercial Parkway |
1 LOT AVAILABLE
Lot
| Price | $545,000 | Lot Size | 2.50 AC |
| Price Per AC | $218,000.00 |
| Price | $545,000 |
| Price Per AC | $218,000.00 |
| Lot Size | 2.50 AC |
This +/- 2.5 Acres acre site is ideally located on W Tennessee Street, just 1 mile west of Capital Circle, and less than 2 miles from a new 123,000 SF Amazon facility and I-10 Exit. The property is zoned CP (Commercial Parkway).
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PROPERTY TAXES
| Parcel Number | 21-30-20-206-000.0 | Improvements Assessment | $56,512 (2024) |
| Land Assessment | $587,612 (2024) | Total Assessment | $644,124 (2024) |
PROPERTY TAXES
Parcel Number
21-30-20-206-000.0
Land Assessment
$587,612 (2024)
Improvements Assessment
$56,512 (2024)
Total Assessment
$644,124 (2024)
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