17340 Lookout Rd Selma, TX 78154
- Land
- 7.20 lot acres
Current Use by Public Records
- Land
Property Details for 17340 Lookout Rd
- Lot size
- 7.20 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 7.2-acre commercial and industrial land parcel is located at 17340 Lookout Road in Selma, Texas, 78154, within Comal County. The property offers significant development potential, with 2.5 acres immediately available for lease, sale, or build-to-suit options. The remaining 4.7 acres are currently under a net-net-net (NNN) land lease with a remaining term of approximately 1.9 years, expiring October 31, 2026, and featuring 3% annual rent increases. This provides a covered land play for future expansion. The property boasts excellent frontage on Lookout Road and is zoned for industrial use. The asking price for the entire 7.2-acre parcel is $3,700,000, translating to a land value of $11.75 per square foot. This presents a unique opportunity for businesses seeking land in a desirable location with flexible options for immediate use and future growth. The property is individually owned.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Selma
- County
- Comal
- State
- Texas
- Longitude
- -98.3036
- Latitude
- 29.5983
