$1,100,000
1002 Sunset Ave Jacksonville, TX 75766
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$1,100,000
Est. payment /mo
40,745 SqFt
UPDATED:
10/09/2024 04:04 PM
Key Details
Property Type Single Family Home
Sub Type Building
Listing Status Active
Purchase Type For Sale
Square Footage 40,745 sqft
Price per Sqft $26
Subdivision Tx
MLS Listing ID 24014027
Lot Size 6.978 Acres
Acres 6.978
Lot Dimensions irregular
Property Description
This unique commercial property, formerly West Side Elementary, offers a prime location in Jacksonville, TX. Built in 1962, the building encompasses 40,745 square feet on a generous 6.9783-acre lot. This property boasts extensive frontage on three streets, including approximately 700 feet on Hwy 79 (W Rusk St), 477 feet on Hickory St, and 685 feet on Sunset Ave. Key Features: Size: 40,745 sqft building Land Area: 6.9783 acres Year Built: 1962 Frontage: 700' on Hwy 79 (W Rusk St) 477' on Hickory St 685' on Sunset Ave Demographic and Economic Insights: Population: 25,920 with a slight decline of 0.62% Median Age: 37.4 years Population Density: 80.6 persons per square mile Daytime Population Density: 81.5 persons per square mile Average Household Income: $70,640 Average Disposable Income: $58,765 Unemployment Rate: 7% Socioeconomic Profile: Primary Tapestry Segment: Southern Satellites Median Age: 41.2 years Homeownership Rate: 80.9% Employment Sectors: Professional and Services Investment Potential: This property offers significant potential for redevelopment or adaptive reuse, benefiting from its substantial land area and strategic location. The stable homeownership rate and professional services employment base in Jacksonville suggest opportunities for residential real estate investments or businesses targeting homeowners. Additional Considerations: Potential Uses: Given its size and location, this property could be ideal for a variety of uses including educational facilities, assisted living facilities, office spaces, retail centers, or mixed-use developments. Economic Development: With a higher-than-average local unemployment rate, there are opportunities for job-creating enterprises that could benefit from local economic incentives. Conclusion: The property at 1002 Sunset Ave represents a unique opportunity for investors and developers looking to tap into Jacksonville’s stable and community-focused market.
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
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