13509 Access Rd, Von Ormy, TX 78073

Property Details for 13509 Access Rd

Year built

1973

Lot size

0.60 lot acres

Property type

Retail properties & Spaces

Property subtype

Mixed-use properties

Description

This exceptional 0.6-acre property boasts 185 feet of Interstate 35 frontage in Von Ormy, Texas, offering unparalleled visibility and accessibility. Currently improved with a 1,538 square foot, two-bedroom, one-bathroom house featuring a 30-year roof—formerly used as an auto dealership office—and two one-car garages with 220-volt power and new 30-year roofs. The property's zoning (OCL) allows for a wide range of business opportunities, complemented by its high traffic counts and strategic location adjacent to a Shell gas station and restaurant. The total building square footage is 26,136 square feet, encompassing a single unit with 100% occupancy since December 12, 2019. The property is classified as Class C, with a gross lease type, and offers a compelling value-add investment opportunity with a 10% cap rate and a net operating income (NOI) of $5,000. The asking price is $495,000, representing a land value of $250,000 per acre. This versatile property is ideal for build-to-suit development, capitalizing on its prime location and high traffic volume along Interstate 35. The property's location is in Bexar County, Texas, with the address being 13509 Interstate 35 Access Rd, Von Ormy, TX 78073. The property includes 300 feet of highway frontage adjacent to the property.

Location Insight

City

Von Ormy

County

Bexar

State

Texas

Longitude

-98.6431

Latitude

29.2896