Property Listing No Longer Available for Sale

1530 Highway 71 Bypass, La Grange, TX

Land for Sale - $1,496,200 - 498,326 Sq. Ft.


Property Info

CIMLS#89531
Location
  1530 Highway 71 Bypass
  La Grange TX 78945
UpdatedDecember 21st, 2009
TypeLand
Price$1,496,200
Building498,326 Sq. Ft.

Property Description

PRICE REDUCED TO $1,496,200!

HIGHLIGHTS

(1) At 11+ acres, it is the largest commercial tract available in the city limits and can easily support a diverse plan combining commercial and retail enterprises. Owner will consider selling in parcels or a ground lease.

(2) Retail gap analysis of the 3-mile radius identified 14 opportunities where current demand exceeds current supply by an average of $1.1 million in annual revenues

(3) Wrapping around the corner of TX 71 and TX 159, it is located on the first major westbound highway intersection in La Grange

(4) Within 1 mile radius, annual household income growth through 2011 is projected to be 26.33% faster than from 2000-2006

(5) Within a 2 mile radius, annual consumer spending is projected to grow 5.13% per year

(6) Within a 3 mile radius, 48.23% of all households have an annual income in excess of $50,000

Call Commercial Consultant Richard O


Financials