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1007 Old McDade Rd - Investment & Development Opportunity

10.8 Acres of Commercial Land Offered at £1,012,281 in Elgin, TX 78621

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RES 1007 Old McDade - Elgin (1)

Property Facts

Price	£1,012,281	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Mixed Use Multifamily Hospitality Apartment Units Apartment Units - Senior Apartment Units - Subsidized Auto Dealership Bank Bar Casino Cement or Gravel Plant Contractor Storage Yard Convenience Store Department Store Food Processing Garden Centre General Freestanding Healthcare Hospital Hotel Industrial Live or Work Unit Industrial Park Lodge or Meeting Hall Lumberyard Manufactured Homes or Mobile Home Park Master Planned Community Medical Motel Parking Lot Regional Mall Retail Warehouse Self Storage Storefront, Retail or Office Storefront, Retail or Residential Strip Centre Trailer or Camper Park Warehouse Amusement Park
No. Lots	1	Total Lot Size	10.80 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£1,012,281
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Mixed Use Multifamily Hospitality Apartment Units Apartment Units - Senior Apartment Units - Subsidized Auto Dealership Bank Bar Casino Cement or Gravel Plant Contractor Storage Yard Convenience Store Department Store Food Processing Garden Centre General Freestanding Healthcare Hospital Hotel Industrial Live or Work Unit Industrial Park Lodge or Meeting Hall Lumberyard Manufactured Homes or Mobile Home Park Master Planned Community Medical Motel Parking Lot Regional Mall Retail Warehouse Self Storage Storefront, Retail or Office Storefront, Retail or Residential Strip Centre Trailer or Camper Park Warehouse Amusement Park
Total Lot Size	10.80 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	£1,012,281	Lot Size	10.80 AC
Price Per AC	£93,730

Price	£1,012,281
Price Per AC	£93,730
Lot Size	10.80 AC

Description

Opportunity Zone land ready for development • Elgin ETJ • No Zoning • 3 Phase power, 8” water lines and gas on the property • 2 driveway entrances • 10.8 acres • Perfect for Flex, Warehouse, Industrial, Equipment Rental, Automotive • Sales price $2.75 PSF ($1,293,732.00)