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Property profile & analytics
FOR SALE
Commercial real estate

1951 S Magnolia Ave Luling, TX 78648

1,040 SF 3 ac lot Built 1948
Individually Owned 19-yr Hold Free & Clear
Property ID
US82-4397523
Property summary
AI-generated overview

This exceptional 5.5-acre commercial land parcel, located at 1951 S Magnolia Ave, Luling, TX 78648 (APN 56671), presents a prime investment opportunity. The property boasts a highly desirable C-3 zoning, allowing for a wide range of commercial uses. Situated just seconds from Interstate 10 and Highway 80, this flat, easily divisible tract offers unparalleled visibility and access to heavy daytime traffic. The location is further enhanced by its proximity to a major truck stop, ensuring consistent high traffic counts. Water and wastewater services are readily available. The asking price for the entire 5.5-acre tract is $1,490,000, excluding any existing equipment. The seller is open to offers and is motivated to sell. The property can be subdivided into three approximately 1.8-acre lots, each priced at $500,000. Adding the equipment is an option for an additional $268,000. This property is ideal for developers or investors seeking a high-traffic, strategically located commercial site with significant potential. Detailed financial information for the associated business is available upon request and execution of a confidentiality agreement.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1948
Construction WOOD FRAME
Total area 1,040 SF
Lot 3 ac (130,680 SF)
APN 2G-0022-0000-02500-000
UPID US82-4397523
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Kent,lonnie C & Carole L · 19 yrs held
Kent,lonnie C & Carole L
since 2006
5 recorded transactions
2006
Price N/A
1996
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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