Prosper Realty Group
Listed by Prosper Realty Group
$1,545,000
2970 Old Medina Road
Details
Property Type Mixed Use
Sub Type Mixed Use
Square Footage 23,872
Tenancy Single
Lease Type Gross
Year Built 2002
Buildings 3
Stories 1
Lot Size (SqFt) 946,123.2
Zoning A-0
Tenant Credit No Credit Rating
Ceiling Height 20
Mixed Use | 23,872 SqFt
Marketing description
Exceptional Investment Opportunity - Three buildings at $60.00 sq. ft. = $1,432,320 + 21.72 Acres x $15,000/Ac = $1,758,120 with Income-Generating Buildings This expansive 21.72-acre property offers a unique opportunity to own three buildings zoned A-O AGRICULTURE AND OPEN LAND DISTRICT, currently generating rental income. The property includes Office Building: 1,482 sq. ft. Old General Shall Brickyard Warehouse: 4,750 sq. ft. Large Metal Building: 17,640 sq. ft. (currently housing two indoor tennis courts) Property has Railroad access. The property also features four clay tennis courts, complete with lighting and irrigation—though they are in need of some repair and updating. In addition, there is a walking trail that surrounds the property, ample parking, and plenty of potential for future development as shown on the photos proposed neighborhood layout. For more details or to schedule a showing, please contact Matt Shelton at 731-467-1086.
Investment highlights
This property is currently rented by a tennis coach that uses the large 17,640 sq. building for tennis lessons. There are currently two tennis courts inside the large building being used and the tenant is paying $3000 per month. There are ten courts on the outside both clay and asphalt with lights that do need upgrades and improvements. There is a railroad located just East of the property line and a public golf course just East of the railroad tracks.
Listing Contacts
Prosper Realty Group
Listed by Prosper Realty Group
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