Current Use by Public Records
- Land
Property Details for 1321 Michigan St
- Property type
- Land
- Property subtype
- Apartment buildings
Description
This exceptional 8,140 sq ft lot, located at 1321 S Michigan Street in Alton, Texas (zip code 78573), presents a unique opportunity to develop a fourplex within a new subdivision. The property is part of a 32-lot subdivision situated on Mile 4 and Conway, offering convenient access to a variety of amenities. Alton Village boasts a highly desirable location near several schools, ensuring a strong potential tenant pool. The area also features an abundance of popular restaurants, including Whataburger, Chick-fil-A, McDonald's, and Starbucks, along with major retailers like Walmart and H-E-B, and local fitness centers. This is an ideal investment opportunity for those seeking to capitalize on the growing demand for rental properties in a thriving community. The asking price for this land is $105,000. The property is zoned for multifamily residential use, specifically duplex/triplex/quadruplex construction. Don't miss this chance to build your fourplex in a vibrant and convenient location.
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
- Alton
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.3275
- Latitude
- 26.2804
