8.78 Acres in Sealy, TX - $795,000
PRICE REDUCED to $795,000!!
Frank Johnston of Heritage Texas Country Properties and the Retail Development Team of Coldwell Banker Commercial in Brenham (CBC Brenham) are proud to present THE STERLING MCCALL PAVILIONS OF SEALY. This 8.8+ acre opportunity is $795,000. 100% FINANCING AVAILABLE! Located in the city limits of Sealy on US Highway 90 with excellent Interstate 10 visibility and access, property is available to be subdivided.
HIGHLIGHTS
(1) 1,749' of total road frontage
(2) Up to 100% FINANCING available including land, new construction, improvements and capital equipment.
(3) Many development and planning experts refer to Sealy as the “next Katy”.
(4) Developer Gross Return Analysis projects a $665,369 gross return or a 78.28% return for the investor(s).
(5) Ideal site for a home center, home improvements, building materials site, or food/beverage site based on: lo...
(5) Ideal site for a home center, home improvements, building materials site, or food/beverage site based on: local unmet consumer demand, projected growth in consumer spending, population growth, projected Interstate 10 traffic increases, highway access and visibility ("Local Attributes").
(6) Great location to maximize Interstate 10 traffic and US Highway 90 traffic for Sealy services as well as serving the regional Sealy area.
(7) Strategically located just 33 minutes to the Houston Interstate 10/West Sam Houston Beltway interchange.
(8) Local top five categories of consumer spending each projected to increase by over $600 K in 2008 at a 3-mile radius.
(9) Local top five unmet retail opportunities average $6.1 M+ at a 3-mile radius and $3.6 M+ at a 2-mile radius.
(10) Vibrant Austin County 2008 economy estimated at $750 M+ and growing at a 5.3%+ annual rate.
Call 979.421.9795 to contact any member of the joint listing team: Frank Johnston with Heritage Texas Country Properties; or Diane Alexander, Tootie Lyons, George Alexander or Chris DeAlmeida with CBC Brenham.
FINANCING
With a unique combination of loan alternatives including subordinated owner financing, up to 100% financing is available. Financing can include land, new construction, improvements and capital equipment.
A decision on any subordinated owner financing is at the complete discretion of the owner. Factors that may be considered include qualifications, terms, equity structure, site and/or development plan and others. The interest on the subordinated mortgage is two percent or 200 basis points above your first mortgage. For example, with a first mortgage at 6.25%, the subordinated mortgage will be at 8.25%. If the first mortgage adjusts, the subordinated mortgage adjusts at the same time. The subordinated loan incorporates a 30-year amortization schedule with a final balloon payment due in five years.
ADDITIONAL INTERNET LINKS
Available upon request:
(1) Dedicated website link
(2) Downloadable PDF and JPG graphics and pictures links
(3) Demographic and econometric reports link
(4) Detailed listing with extensive analysis links
EMAIL TO YOU WHEN WE LIST NEW PROPERTIES THAT MEET YOUR SPECIFICATIONS
We offer immediate email contact when we list properties in categories you have expressed an interest. Please send an email to us with your specifications.
From elevation to risk assessment
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel Information