10401 E Highway 71 - Medical FOR SALE


Spicewood, TX 78669
$1,295,000 USD
970-644-6656
10401 E Highway 71, Spicewood, TX for Sale
$1,295,000 USD
Medical - FOR SALE
1/7
null | Request Cap Rate

10401 E Highway 71
Spicewood, TX 78669


HIGHLIGHTS

  • Great Highway 71 Frontage
  • Space uses are negotiable
  • Opportunity for Signage along the Highway
  • Plenty of on site parking

OVERVIEW

If you are in a hurry to build a class "A", "B" type building for your business you have come to the right place. K&G Industrial LLC is offering this shovel ready turn key building site ready for immediate construction end of October 2024 after completing all the infrastructure items (i.e., includes driveway in and paved, rention pond & associated engineering completed, new water well (public water), electrical conduit to pedestal area, retaining walls in, septic system complete with leach field.)) This Site#4 will be for the final building to be added to our 5.43 acre site. Even though we have completed 75% of our project with 3 buildings completed and all leased out we have decided to sell building site#4 to take advantage of another business opportunity. We could just continue with a class "C" type building for building Site#4 but we think Site#4 with the best exposure to E Hwy 71 traffic warrants an upscale type building (i.e., class "A" or "B" type building). If you need to put something up quickly and don't have time to start from scratch and jump through all the development hoops then this could solve the time issue for you. We will be spending around $200K over the next 3 months to finish the infrastructure items mentioned previously. We are asking $1.395 million for this turn key site ready to go with all permits in place, all site engineering work completed, and all infrastructure work listed in and paid for. We have 5 parcel numbers for our 5.43 acres. The parcel# for Bldg#4 is: #122322. The fifth parcel number #58092 is for the common area including retention ponds. We would need to have a provision in the contract to add 25% of parcel#58092 to be transferred or owned by the buyer of Bldg Site #4. So the total land you would be buying for Site#4-Bldg#4 is 25% of 5.43 acres which equals 1.3575 acres. We will consider an offer to sell all the property including 3 leased buildings (ie., Bldg#1=12,000 sqft, Bldg#2=11,940 sqft # Bldg #3=10,140 sqft for $8.5 Million) do to recent business opportunity we want to take advantage of.)

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$108 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

STATUS

Proposed

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

-

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.43 AC

LAND SF

236,531 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Gary PennerK&G Industrial LLCMore Info
970-644-6656

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Gary PennerK&G Industrial LLCMore Info
970-644-6656

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.