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    Melrose Ave San Angelo, TX 76901

    For Sale
    $281,440

    0.64-acre lot, ideal for development. High traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    Exceptional commercial land opportunity in San Angelo, Texas, awaits. This 0.64-acre lot is zoned for General Commercial use and priced at $281,440 ($8/SF). Located on Melrose Ave, in Tom Green County, zip code 76901, this property boasts a high traffic count, making it perfect for a variety of businesses. The thoughtful design incorporates a drainage easement, strategically channeling stormwater behind the lots and adjacent to a Storage X facility. This clever design maximizes usable space on the lot. The property's prime location and efficient design combine to create an outstanding investment opportunity for entrepreneurs seeking a high-visibility site. This is a rare chance to acquire a well-situated commercial lot ready for immediate development. Don't miss this chance to secure a piece of San Angelo's thriving commercial landscape.

    Property Features for 0 Melrose Ave

    General Information

    Property type
    Land
    Lot Size
    27,878 SF

    HighLights

    • 0.64‑acre commercial lot in San Angelo, TX (76901).
    • General Commercial zoning.
    • $281,440 price ($8/SF).
    • Located on Melrose Ave with high traffic counts.
    • Includes a drainage easement maximizing usable space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    San Angelo
    County
    Tom Green
    State
    Texas
    Longitude
    -100.50458749273
    Latitude
    31.437296517706

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    FAQs

    What type of property is this?
    Land - 0.64-acre lot, ideal for development. High traffic area.
    Where is this land located?
    The property is located at Melrose Ave San Angelo, TX.
    What is the asking price?
    The asking price for this property is $281,440.
    What are key features of this property?
    This property features: 0.64-acre commercial lot in San Angelo, TX (76901).; General Commercial zoning.; $281,440 price ($8/SF).
    Request Owner's contact information
    Melrose Ave San Angelo, TX 76901
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    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
    Melrose Ave San Angelo, TX 76901
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