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Property profile & analytics
OFF-MARKET
Land

6136 Grand Court Rd San Angelo, TX 76901

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.3-acre commercial land parcel presents a unique investment opportunity in San Angelo, Texas. Situated in the highly sought-after Far West Subdivision, this property is the last remaining lot, offering unparalleled potential for development. Its strategic location at the intersection of FM 2288 and Sherwood Way places it within a rapidly expanding commercial corridor, surrounded by significant recent development activity. Neighboring businesses include a Spring Memory Care Facility and a Hawthorn Inn & Suites, ensuring high visibility and accessibility. The recent sale of a 1.5-acre adjacent parcel for a new Colorado City Bank branch office further underscores the area's strong growth trajectory. The property boasts existing underground piping and drainage infrastructure, leading to an area detention pond, maximizing usable development space. Furthermore, the lot is divisible, offering flexibility to accommodate various development plans and sizes to meet specific needs. The property is zoned for General Commercial use, providing a wide range of development possibilities. With its prime location, infrastructure advantages, and potential for subdivision, this 2.3-acre parcel represents a compelling investment opportunity in a thriving Texas market. The APN is 10-22705-0002-001-60. The asking price is $801,000.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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