TBD IH 35, PEARSALL, TX 78061

Homes for sale in Pearsall.

Homes for sale in 78061.


TBD IH 35

Pearsall, TX 78061

Active

List Price$5,000,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

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

Similar Listings

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.

Schools

Walk Score

Real Estate IDX Powered by iHomefinder