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    TX-306 Loop Dr San Angelo, TX 76901

    For Sale
    $1,020,000

    Prime 17-acre commercial lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 17.54-acre commercial land parcel presents a unique investment opportunity in San Angelo, Texas. Located conveniently off Loop 306, this property boasts a highly desirable location in the heart of "Hotel Row," surrounded by a thriving cluster of hotels and established businesses. The property's General Commercial zoning allows for a wide range of development possibilities, making it perfectly suited for a variety of uses. Imagine a bustling shopping center catering to the significant foot traffic generated by the nearby hotels and local businesses, or a thriving apartment complex addressing the area's housing demand. The easy accessibility from Loop 306 ensures excellent visibility and convenient access for both residents and customers. This 100% ownership opportunity offers significant potential for substantial returns. The asking price is $1,020,000. The property is situated in Tom Green County, Texas, with a zip code of 76901. This prime location and versatile zoning make this 17.54-acre tract an exceptional investment prospect. Don't miss this chance to acquire a piece of San Angelo's vibrant commercial landscape.

    Property Features for TX-306 Loop Dr

    General Information

    Property type
    Land
    Lot Size
    764,042 SF

    HighLights

    • 17.54‑acre commercial land parcel in San Angelo, TX, ideally located off Loop 306.
    • Situated in San Angelo's "Hotel Row," surrounded by hotels and businesses.
    • General Commercial zoning allows for diverse development options, including retail or multifamily.
    • Excellent visibility and accessibility from Loop 306.
    • Offered at $1,020,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Symco Contractor Conn's Mattress Store

    Suggested Use

    Realty agency Restaurant Gym & Fitness Department Store Discount Store Electronics Store Computer & Electronic Repair Bakery Storage Facility Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Angelo
    County
    Tom Green
    State
    Texas
    Longitude
    -100.4432351
    Latitude
    31.405937

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    FAQs

    What type of property is this?
    Land - Prime 17-acre commercial lot, ideal for development.
    Where is this land located?
    The property is located at TX-306 Loop Dr San Angelo, TX.
    What is the asking price?
    The asking price for this property is $1,020,000.
    What are key features of this property?
    This property features: 17.54-acre commercial land parcel in San Angelo, TX, ideally located off Loop 306.; Situated in San Angelo's "Hotel Row," surrounded by hotels and businesses.; General Commercial zoning allows for diverse development options, including retail or multifamily.
    Request Owner's contact information
    TX-306 Loop Dr San Angelo, TX 76901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    TX-306 Loop Dr San Angelo, TX 76901
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