Current Use by Public Records
- Retail properties & Spaces
Property Details for 36 And Fm 18
- Lot size
- 9.50 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Land
Description
This exceptional 9.5-acre commercial property in Coryell County, Texas, presents a unique investment opportunity. Located at the intersection of Hwy 36 and FM 18 near the Abilene Regional Airport, this site boasts a high-traffic location with over 14,000 vehicles daily. Approved site plans for a truck stop are already in place, streamlining the development process and minimizing risk. The property benefits from its strategic position near businesses with numerous employees, creating a captive customer base and eliminating direct competition. Favorable lease terms include a 40-year lease with deferred rent until year 11 and an option to renew. Impressive IMST projections forecast high fuel and inside sales volumes, promising a strong return on investment. The property's zoning is commercial, and its location at a new airport entrance ensures continued high traffic volume. This is a turnkey opportunity to establish a high-performing truck stop in a thriving market with significant upside potential. The asking price is $1,200,000. The property is situated in Gatesville, TX, zip code 76528.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gatesville
- County
- Coryell
- State
- Texas
- Longitude
- -99.6813
- Latitude
- 32.4281
