Description
This is a 10.00 acre tract with the front portion of the property owner-occupied including two improvements and the rear portion of the property ground leased to a truck parking and storage tenant. Site is served by electric and water. The front 5.55 acres is currently owner-occupied and used by an RV leasing company. Improvements include a two-story 2,481 SF single-family residence with three bedrooms and three bathrooms that can be utilized as an office. There is another 503 SF office building at the front of the property near County Road 107. There are 8 RV spots with 30 and 50 amp capacity offering an additional revenue stream. The rear 4.45 acres of the property is under a ground lease to a truck parking and storage company with less than 4-years remaining on its base lease term and three, three-year renewal options. There is approximately 3.5 acres improved with parking area, private driveway, and private entrance. Tenant pays pro-rata share of triple net expenses and is responsible for maintenance of driveway and parking areas. Ideal for commercial or industrial development on the front 5.55 acres for an owner-user with rental income available from the ground lease. This property includes outstanding visibility, demographics, and no restrictions located in an area of fast growth. Conveniently located less than half a mile from the SH 130 and Chandler Road interchange.
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10ACRES
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01/2 BATHS
School Ratings & Info
Description
This is a 10.00 acre tract with the front portion of the property owner-occupied including two improvements and the rear portion of the property ground leased to a truck parking and storage tenant. Site is served by electric and water. The front 5.55 acres is currently owner-occupied and used by an RV leasing company. Improvements include a two-story 2,481 SF single-family residence with three bedrooms and three bathrooms that can be utilized as an office. There is another 503 SF office building at the front of the property near County Road 107. There are 8 RV spots with 30 and 50 amp capacity offering an additional revenue stream. The rear 4.45 acres of the property is under a ground lease to a truck parking and storage company with less than 4-years remaining on its base lease term and three, three-year renewal options. There is approximately 3.5 acres improved with parking area, private driveway, and private entrance. Tenant pays pro-rata share of triple net expenses and is responsible for maintenance of driveway and parking areas. Ideal for commercial or industrial development on the front 5.55 acres for an owner-user with rental income available from the ground lease. This property includes outstanding visibility, demographics, and no restrictions located in an area of fast growth. Conveniently located less than half a mile from the SH 130 and Chandler Road interchange.
© 2023 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-12-02T13:01:17.727.
Based on information submitted to the MLS GRID as of 2023-12-02T13:01:17.727 (date and time MLS GRID Data was obtained).
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