SELLER FINANCING 7.01Acre Commercial Site near Victoria airport. Great location to promote your business. 375 ft of Highway 59 (future I-69) frontage, billboard space and 30,000 vehicles daily, 1,000,000+ month allows a unique advertising opportunity. An "L" shaped lot allows access on Beck Road East at 105 Beck RD E. 77968; as well as highway 59 at: 12918 Highway 59 North 77968.
IMPROVEMENTS INCLUDED: well and septic system, a 45' X 150' metal canopy, 1,000 LFof 6' security fence, 3-40 FT ocean containers, 8 X 12 billboard. TXDOT purchase of Right-of-way for frontage road and driveway construction to be the 375' of frontage 115' deep
PURCHASE PRICE, cash $350,000
SELLER FINANCING $360,000 with $20,000 down $340,000 balance at 7.5% for 20 years is $2,512.60 monthly.
The tenant in place with a 40' X 50' fenced area adjacent to highway 59 will require relocating further onsite. THAT CURRENT LEASE WILL BE INVALID REQUIRING A NEW LEASE. The current lease has generated 100,000+, anticipate a 2nd similar gain