Commercial Land with Cell Tower
For Sale
$535,000
889 Fm 2268, Salado, TX 76571
Commercial tract off FM 2268 with favorable topography and an existing cell tower lease extending through 2031.
Property Size480 SF
Price / SF$1,114
Days on Market85
Property Features for 889 Fm 2268
General Information
Standard status
Active
Size
480 SF
Property subtype
Land
Listing Agency:
Independence Commercial Real Estate, LLC.
(972) 989-7714
Listed By:
Allen Watson · License #668998
(972) 989-7714
Source:
Exprealty
Added: Jun 1
Changed: Aug 23
Last Checked: Jul 31 at 7:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Independence Commercial Real Estate, LLC.
Investment Insights
Based on property information with market context.
This offering is a commercial land parcel with favorable topography, positioned for development of professional office, medical, or service-related uses. The site also includes an existing cell phone tower lease that provides income through 2031.
Located off FM 2268, the property benefits from excellent visibility and strong traffic counts. Access is described as convenient to I-35, supporting a broad range of commercial development needs.
For developers and owner-operators, the combination of a buildable commercial site and an in-place tower lease can be useful for structuring a development plan while retaining existing lease income through the stated term. Interested parties may also inquire about available lease options through the listing agent for more details.
Located off FM 2268, the property benefits from excellent visibility and strong traffic counts. Access is described as convenient to I-35, supporting a broad range of commercial development needs.
For developers and owner-operators, the combination of a buildable commercial site and an in-place tower lease can be useful for structuring a development plan while retaining existing lease income through the stated term. Interested parties may also inquire about available lease options through the listing agent for more details.
Key Highlights
- Commercial tract located off FM 2268 in the village of Salado
- Existing cell phone tower lease provides income through 2031
- Favorable topography for commercial development
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
489
Businesses Nearby
Explore this area
Business Placement
Demographics for 76571, TX
8,937
Population
3,742
Households
2.4
Avg Household Size
45
Median Age
41%
College-Educated
94%
High-School Grad
125.0 sq mi
ZIP Area
71
Density / Sq Mi
$103,341
Median Household Income
$55,545
Median Earnings
$1,172
Median Rent
$395,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial tract off FM 2268 with favorable topography and an existing cell tower lease extending through 2031.
Where is this commercial land located?
The property is located at 889 Fm 2268 Salado, TX.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Commercial tract located off FM 2268 in the village of Salado; Existing cell phone tower lease provides income through 2031; Favorable topography for commercial development
