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1900 Highway 206
Cisco, TX 76437
Land For Sale · 3.27 AC

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INVESTMENT HIGHLIGHTS

  • Adjacent to local motel, partial paved parking, and many beautiful, large live oak trees. Less than 200 yards to Interstate 20 with high visibility.

EXECUTIVE SUMMARY

This is the remaining tract of an original 9.40 acre property. The adjacent land to the Southwest is improved with a motel, currently known as the Lone Star Inn. Purchase or lease a subdivided portion of this property. Call for details. I have had 2.00 acres surveyed to subdivide adjacent to the motel. The price for this 2.00 acre tract is $135,000. This commercial property has many beautiful live oak trees. This is the former Terra Ferma tile manufacturing plant property. The warehouse has been demolished, but the concrete foundation remains. No known environmental issues, or history. All utilities at the property line, including city sewer. Fire hydrant directly across highway from Southeast corner. The property is within 100 yards of IH-20 and has visibility for westbound traffic on the interstate highway. Property is not platted, and it is zoned C-2, as defined in the City of Cisco zoning ordinances. Will consider dividing the land, according to the Buyer's/Tenant's needs, for sale or net ground lease to a minimum of 0.500 acres. Also, would consider 'Build To Suit'. Appraised in late 2014 for $350,000.00 by Atwood Valuations, a MAI certified appraiser.
Land is North of the Lone Star Inn motel near IH-20 at Exit 330 West in Cisco, Texas. This property is approximately 100 miles West of Fort Worth, and roughly 50 miles East of Abilene. Sign located at Southeast corner with Broker's contact information.

PROPERTY FACTS

Sale Type Owner User
Sale Conditions
1031 Exchange
  • Ground Lease (Leasehold)
  • Ground Lease (Leased Fee)
  • Build to Suit
  • Lease Option
  • Redevelopment Project
No. Lots 2
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Apartment Units
  • Auto Dealership
  • Auto Repair
  • Bank
  • Bowling Alley
  • Carwash
  • Convenience Store
  • Daycare Center
  • Drugstore
  • Fast Food
  • General Freestanding
  • Healthcare
  • Hold For Development
  • Hold For Investment
  • Hotel
  • Medical
  • Neighborhood Center
  • Office Park
  • Restaurant
  • Self Storage
  • Storefront, Retail or Office
  • Strip Center
  • Supermarket
  • Trailer or Camper Park
  • Warehouse
Total Lot Size 3.27 AC
Zoning C-2 - Commercial

2 LOTS AVAILABLE

Lot

Price $145,000
Price Per AC $114,173.23
Lot Size 1.27 AC

Beautiful property with lots of nice live oak trees. Slab foundation from demolished warehouse building remains. Property includes some pavement that was used for parking next to the Lone Star Inn motel. This land has 701 feet of highway frontage.

Lot

Price $180,000
Price Per AC $90,000.00
Lot Size 2.00 AC

BACK ON THE MARKET. AVAILABLE FOR SALE OR FOR NNN GROUND LEASE.

DESCRIPTION

See the survey attached. Triangular property with a depth over 400 feet depth on the South side. Additional residential housing to be built behind this property in the future, in addition to newer existing residential development neighborhood already in existence. High traffic counts on both Highway 206 and Interstate 20. Some paved parking area adjacent to the motel from when they both properties had common ownership. Excellent for any business development that would be advantageous to the traffic generated already at Exit 330 on Interstate 20, and complimentary to existing businesses. A fast-food restaurant is the highest and best use, and presently lacking in this area on the interstate highway.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11258
Land Assessment
$66,680
Improvements Assessment
$0
Total Assessment
$66,680
  • Listing ID: 15929998

  • Date on Market: 5/2/2019

  • Last Updated:

  • Address: 1900 Highway 206, Cisco, TX 76437

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