TBD IH 35, PEARSALL, TX 78061
Homes for sale in Pearsall.
Homes for sale in 78061.
TBD IH 35
Pearsall, TX 78061
List Price$5,000,000
Listing #1893021
Commercial
Type
About This Property
79+/- Acres on I-35 with approximately 2300ft of road frontage. Another 880+/- ft of road frontage on Comal St. (FM 140). Free from any City Zoning restrictions, this property is prime raw land with utilities and ready for investment. The City of Pearsall is ready to talk about incentives, not only for the businesses and job creation, but also for the investor who wants to come in and develop roads and infrastructure. The City is also planning a large water line to come up from the South to service this property, completion hoping in the next 12-18 months. Electricity is on the access road on the west side, as well as on the north side at Comal St (FM 140). With very large, well-established businesses as neighbors this property can be quite the attraction. Not to mention the 23,000 AADT (Annual Average Daily Traffic) according to TXDoT. Many neighbors bring value to this property based on location, HEB and Starbucks to the north, Los Cazadores and Tractor Supply Co, to the West. And several new names will be coming to town as well, after the completion of the new Strip mall to the east of HEB. A brand-new RE-fuel Gas station will be completed soon about 1/4 mile south.
Listing Courtesy of Aaron Lee, Homestead & Ranch Real Estate (830) 317-1797
Property Features
Location Information
County
Frio
MLS Area
3100
Exterior Features
Utilities
Electricity, Water, Sewer
Zoning
N/A
Utilities On Site
None
Easements
Drainage
Present Use
Vacant, Agricultural
Road Frontage
City, Interstate Hwy - 1 Mile or less
Additional Information
Property Type
COM
Documents Available
Survey, Aerial Photo, Other
Status
Active
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Mortgage Calculator
$23,349
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$18,017
Monthly Tax
$4,166
Monthly Insurance
$1,166
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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