572 Tbd Loop San Angelo, TX 76905
This exceptional 15.314-acre property in Wall, Texas, presents a unique investment opportunity. Currently leased as irrigated farmland until December 31, 2024, under a USDA contract, this land offers diverse potential uses. Situated conveniently near Wall schools on Loop 572 in Tom Green County, the property boasts an irrigation well located on the northeast corner, ensuring ample water supply for future agricultural endeavors or other developments. The land is currently planted in cotton. Located just eight miles east of San Angelo, this property benefits from its proximity to a thriving community. Wall offers a range of amenities including a restaurant, convenience store, cooperative gin, and feed store, reflecting a strong and growing local economy. The rich, deep soil is ideal for cultivation, and the property's excellent access on three sides enhances its development potential. This location is perfect for a variety of commercial ventures, including housing developments, businesses, or retail establishments. A soils report and detailed maps are available upon request. The asking price is $795,000. This property is zoned for commercial use and offers a rare chance to acquire prime land in a rapidly expanding agricultural community. Don't miss this opportunity to own a piece of thriving West Texas.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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