0 Highway 531
Vacant Land
for Sale
| Catylist Listing ID: |
30851927 |
| Property Subtypes: |
Hospitality, Office, Retail, Retail-Pad, Self Storage, Vacation/Resort
|
| Gross Land Area: |
7.90 Acres
|
| Sale Price: |
$749,900 |
| Unit Price: |
$94,924 Per Acre |
| Sale Terms: |
Cash to Seller, Purchase Money Mortgage |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/15/2023 |
Overview / Comments
|
Prime corner lot at Hwy 531 & Industrial Dr - just off I-20 exit in Minden. Approximately 7.9 acres perfect for commercial service industry development - hotel, restaurant, retail... Neighboring businesses include Love’s Travel Stop & Casino, Arby’s, Quick Draw Travel Plaza, Exxon gas station, Subway & Minden Truck Stop Casino. Inside city limits. Zoned B4 (highway commercial). Minerals will transfer with favorable offer. Survey available. This property is not in a flood zone.
|
Additional Details
| Nearest MSA: |
Minden |
| County: |
Webster |
| Tax ID/APN: |
01180902015 |
| Zoning: |
B4 (HIGHWAY COMMERCIAL) |
| Property Located Between: |
I-20 & Industrial Dr |
| Property Visibility: |
Excellent |
| Legal Description: |
7.44 ACRES - TRACT 942.54 X 41.38 X 99.91 X 259.89 X 929.04 X 299.10 FT. IN NW/4 OF NW/4 & NE/4 OF NW/4 SEC. 1-18-9, LYING NORTH OF I-20 SERVICE ROAD |
| Largest Nearby Street: |
Industrial Dr |
| Highway Access: |
I-20 |
| Zoning Description: |
B4 (highway commercial) |
| Available Utilities: |
Electric, Water, Sewer, Cable, Internet Access |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
9,193 |
17,155 |
| Median Age: |
38.42 |
39.11 |
| Households: |
3,706 |
6,835 |
|
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