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INVESTMENT HIGHLIGHTS
- Heavy Traffic
- Warehouse space
- Flexible floorplan
- Acreage
EXECUTIVE SUMMARY
Great location on very busy US Hwy 59 (soon to be I-69) with great visibility. The building has approx. 7,200 sq. ft. (Part office/retail; Part warehouse/workshop). The land seems to be a great location for a food franchise, motel, gas station, convenience store, etc., etc. About 340 feet of Hwy frontage. The property is just outside the city limits so no zoning. It is in the extra-territorial jurisdiction of the City of Nacogdoches.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,200 SF
Building Class
C
Year Built
1998
Price
$1,500,000
Price Per SF
$208.33
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.96 AC
Opportunity Zone
Yes
Zoning
F1 - Commercial
Frontage
340’ on South Street
PROPERTY TAXES
| Parcel Number | 77875 | Improvements Assessment | $564,740 |
| Land Assessment | $135,810 | Total Assessment | $700,550 |
PROPERTY TAXES
Parcel Number
77875
Land Assessment
$135,810
Improvements Assessment
$564,740
Total Assessment
$700,550
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5231 South St
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