Catylist ID: #30441513
445 FT of Capital Circle SE Frontage
Vacant Land for Sale
|Catylist Listing ID:||30441513|
|Gross Land Area:||9.01 Acres|
|Sale Price:||$285,000 - 550,000|
|Unit Price:||$31,631 - 61,043 Per Acre|
|Land Splits Available:||Yes|
|Adjacent Parcels Available:||Yes|
|Sale Terms:||Cash to Seller|
Overview / Comments
Leases produce an estimated 6 cap buy for a buyer as is...however the real value is the land after the highway
next to it is expanded.
4.67 acres of this site is land leased for an average of approximately 3500 per month for the next 20 months
with a 3 year extension.
the remainder (frontage) is leased for 3,000 per month through end of July 2020. tenant has a renewal option
and has been here for multiple terms.
Property has been divided into 3 separate lots for sale
Attachments & Media
|Property Located Between:||Capital Circle SE and Woodville Highway|
|Feet of Frontage:||445|
|Proximity:||1 mile||3 miles||5 miles|
Al RussellPremier Commercial Group, LLC TALrex.com Member
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