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Active
308 College ST West, TX 76691
52,272 SqFt
UPDATED:
09/30/2024 09:39 PM
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
Parking Features None
Utilities Available Electricity Available, Water Available, Sewer Available
Water Access Desc Public
Roof Type None
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
Schools
School District West Isd
Others
Tax ID TBD