310 W U.S. 290
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310 W U.S. 290
0.49 Acres of Commercial Land Offered at £625,960 in Elgin, TX 78621
Investment Highlights
- .49 acre lot on Hwy 290, Elgin, Texas. Located just .2 miles from a strip center with a new Poco Loco and .5 miles from HEB.
- Currently has a food trailer generating $1000 per month
- Adjacent .43 acre lot available with approx 2924 Sq ft building generating $3625 per month
- Per TXDOT traffic count 32,820 vehicles per day
- No floodplain
- If both lots purchased, seller would owner finance second lot
Executive Summary
.49 acre lot On Hwy 290 with approximately 114 feet on Hwy 290! Zoned C3 Highway Commercial. Currently the lot is rented to a Taco Stand for $1000 per month on a month to month lease. Water and electric meter in place. Per TXDOT traffic count is approximately 32,820 cars per day. The projected growth for Elgin is substantial, this pad site provides great opportunity to be in the middle of it. Seller also owns the .43 acre lot to the east with the brick office building...he would sell both lots for $1,500,000 and would consider owner financing on the combined sale
Property Facts
| Price | £625,960 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.49 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | £625,960 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.49 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | £625,960 | Lot Size | 0.49 AC |
| Price Per AC | £1,277,469 |
| Price | £625,960 |
| Price Per AC | £1,277,469 |
| Lot Size | 0.49 AC |
.49 acre lot On Hwy 290 with approximately 114 feet on Hwy 290! Zoned C3 Highway Commercial. Currently the lot is rented to a Taco Stand for $1000 per month on a month to month lease. Water and electric meter in place.
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zoning
| Zoning Code | C3 (C3 Highway Commercial) |
| C3 (C3 Highway Commercial) |
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310 W U.S. 290
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