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- LoopNet Team
1401 Memorial Dr
Bryan, TX 77802
1401 Memorial Drive, Bryan, TX · Land For Sale
·
3.95 AC
INVESTMENT HIGHLIGHTS
- Across street from CHI St. Joseph's Hospital
- Zoned C-1 Office
- Infrastructure & Parking in place plus currently generating parking lot rental income
PROPERTY FACTS
| Property Type | Land | Proposed Use | Commercial |
| Property Subtype | Commercial | Total Lot Size | 3.95 AC |
| Zoning | C-1 - OFFICE | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 3.95 AC |
| Zoning | C-1 - OFFICE |
DESCRIPTION
This 3.95 acre tract is in a great location across from CHI St. Joseph Hospital in the heart of Bryan's medical district. Currently the site is zoned C-1 Office Use allowing for a number of uses and conditional uses providing many options as to how the property could be redeveloped. The existing 60,000 square foot skilled nursing & rehab facility is in disrepair and has been given zero value in the pricing, as it has been considered an abatement and demolition project. Seller can provide more details related to the status of the facility. Even so, the two additional buildings, parking, and utility infrastructure could possibly provide value with any redevelopment. Adjacent uses include commercial, the new Legacy Nursing and Rehab facility, and apartment uses. Additionally, the property is currently generating revenue from parking lot rental to adjacent properties.
PROPERTY TAXES
| Parcel Number | 97147 | Improvements Assessment | $249,140 |
| Land Assessment | $464,567 | Total Assessment | $713,707 |
PROPERTY TAXES
