0 Us-87 San Angelo, TX 76957
This exceptional 20.197-acre property presents a unique investment opportunity in Wall, Texas. Located just east of San Angelo on Highway 87, this prime commercial land boasts significant highway frontage and is currently utilized as irrigated farmland. The property features deep clay loam soils, ideal for agricultural pursuits, and a soil report is available upon request. Zoned for agriculture, this land offers versatility. Its history includes generations of farming and oil/gas activity, making it an attractive addition to an existing operation or a suitable site for a tranquil homestead or commercial business. Minerals may convey with an acceptable offer. The lease on the current agricultural use expires December 31, 2024. Situated in the sought-after Wall Independent School District, this location offers easy access to San Angelo's amenities while enjoying the quiet charm of Wall, a community with a rich history and a thriving local atmosphere. The property benefits from high traffic counts on Highway 87, and the area is poised for further growth with the planned arrival of an interstate. This is a rare opportunity to acquire a well-maintained, versatile property with significant potential. The property is located in Tom Green County, Texas, zip code 76957.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.