110 1st St, Mcgregor, TX 76657

$925,000

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List Price
$925,000
MLS#
21355331
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1973
Construction Status
Preowned
Acres
4.10
County
Mclennan
City
Mcgregor
Subdivision
AMBICK NEXTGEN Lot 1A Acres 4.1

Property Description

Prime multifamily development opportunity in McGregor! Located at 101 NE 1st Street, this approximately 4.1-acre property has been rezoned for apartment development and is planned as the future Rose Hill Apartments. The property currently includes three metal buildings with public utilities available. Previous conceptual plans contemplated up to 96 apartment units. Conveniently located near downtown McGregor, schools, shopping and major roadways. Excellent opportunity for developers and investors in a growing Central Texas market. Buyer to verify zoning, density, utilities and development requirements.

Additional Information

Unexempt Taxes
$28,564
Tenant Pays
AllUtilities
Lot Size
178,596
Acres
4.10
Flooring
Concrete
Foundation
Slab
Roof
Metal
Building Stories
1
Parking Garage
None
Possession
CloseOfEscrow
Proposed Use
Industrial
Inclusions
Land & Improvements

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Calculator source: Real Geeks

Listing courtesy of Jimmy Torres from Compass RE Texas, LLC.. Contact:

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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