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$495,000
Est. payment /mo
5.41 Acres Lot
UPDATED:
09/23/2024 10:55 PM
Key Details
Property Type Single Family Home
Sub Type Building
Listing Status Active
Purchase Type For Sale
Subdivision Tx
MLS Listing ID 24013360
Lot Size 5.410 Acres
Acres 5.41
Lot Dimensions irregular
Property Description
This prime commercial property at 1507 S Bolton St in Jacksonville, TX offers an excellent investment opportunity with two distinct components on approximately 5.410 acres of land. The first part consists of a fully leased 3,600 sqft metal storage unit building, which includes 10 large spaces (12’ x 24’) and 5 smaller spaces (6’ x 24’). Situated on 2.210 acres of commercial-zoned land, this portion has approximately 418 feet of frontage on S Bolton St, providing ample visibility and easy access for tenants. In addition, the property features a 1,400 sqft, 2-bedroom, 1-bath rental home, which sits on a 1.000-acre residential lot. The home is currently leased slightly below-market rent until August 2025, offering consistent income with potential for future rent adjustments. The second part of this listing consists of roughly 2.200 acres of undeveloped commercial-zoned land with approximately 373 feet of highway frontage on S Bolton St, presenting an excellent opportunity for future development or investment. The combined asking price for both parts is $495,000. This property is ideal for investors looking for immediate income from fully leased units with additional land for future development. While the property is marketed as a whole, buyers have the option to purchase the income-producing units or the land separately.
Location
State TX
County Cherokee
Area Cherokee
Zoning Commercial
Exterior
Waterfront No
View Y/N No
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Listed by Jarrod Ver Hey • Staples Commercial Group, LLC