24725 US Highway 59 N - Specialty FOR SALE


Queen City, TX 75572
$850,000 USD
832-371-5989
24725 US Highway 59 N, Queen City, TX for Sale
$850,000 USD
Specialty - FOR SALE
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null | Request Cap Rate

24725 US Highway 59 N
Queen City, TX 75572


HIGHLIGHTS

  • Location is the only retail location at the entrance to the lake and surrounding outdoor recreation areas
  • Located on Hwy 59 with heavy vehicle traffic

OVERVIEW

The buildings on the property are in poor condition, however, the RV slots have power and water. The property has two underground fiberglass fuel storage tanks. Maintains a 90% occupancy rate. Sales price is the going concern value.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$268 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

South Lakewood Grocery and Tackle

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10 AC

LAND SF

435,600 SF

ZONING

-

APN/PARCEL ID

34115

ASK ABOUT THIS PROPERTY

Thomas HelgothRed Door Realty & AssociatesMore Info
832-371-5989

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Thomas HelgothRed Door Realty & AssociatesMore Info
832-371-5989

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.