Current Use by Public Records
- Retail properties & Spaces
Property Details for 21701 I-35
- Year built
- 2014
- Lot size
- 2.20 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a single-tenant retail building situated on a 2.2-acre lot directly on IH-35 in Kyle, Texas. The 8,100 square foot building, constructed in 2014, boasts a prominent showroom and a commanding pylon sign, ensuring high visibility to the constant flow of traffic on this major thoroughfare. Currently operating at 100% occupancy with a lease expiring August 16, 2024, this property offers significant potential for a variety of businesses. The spacious lot allows for ample parking and potential for future expansion. The property is zoned RS and is ideally suited for retail, automotive, or other commercial uses. Its prime location in Kyle, Texas, provides easy access to a variety of amenities and a large customer base. The asking price is $3,500,000, translating to $432.10 per square foot. This represents a strong return on investment given the property's location, size, and current occupancy. The property's features, including the showroom and pylon sign, make it an attractive option for businesses seeking high visibility and accessibility. This is a rare opportunity to acquire a well-established commercial property in a rapidly growing area.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kyle
- County
- Hays
- State
- Texas
- Longitude
- -97.8681
- Latitude
- 29.9983
