308 College ST Active

West,TX 76691

$ 795000

- Bed

0 Bath

52272 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 52,272 sqft

Price per Sqft $15

MLS Listing ID 220474

HOA Y/N No

Annual Tax Amount $2,550

Tax Year 2023

Lot Size 1.200 Acres

Acres 1.2

Property Description

1.2 +/- acre lot on IH35 northbound frontage road, in a great location across from Slovacek's and close to Czech Stop. High traffic count (over 77k vehicles per day) and positioned well for retail, including fast food. New McDonald's less than a mile away and Starbucks under construction nearby. The city of West is growing rapidly with several new residential developments underway. Property is located within the Heart of Texas Opportunity Zone. Incentives include a temporary tax deferral and a step-up in basis for capital gains reinvested in an Opportunity Zone Fund and a permanent exclusion from taxable income of capital gains from the sale or exchange of an investment in a qualified Opportunity Zone Fund if the investment is held for at least 10 years.

Location

State TX

County Mclennan

Interior

Cooling None

Fireplace No

Exterior

Garage None

Utilities Available Electricity Available,Water Available,Sewer Available

Waterfront No

Water Access Desc Public

Roof Type None

Parking Type None

Building

Lot Description Corner Lot

Sewer Public Sewer

Water Public

Schools

School District West Isd

Others

Tax ID TBD

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