36 And Fm 18Gatesville, TX 76528

For Sale
$1,200,000

9.5 Acres, Abilene, TX - Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 9.5-acre commercial property in Coryell County, Texas, presents a unique investment opportunity. Located at the intersection of Hwy 36 and FM 18 near the Abilene Regional Airport, this site boasts a high-traffic location with over 14,000 vehicles daily. Approved site plans for a truck stop are already in place, streamlining the development process and minimizing risk. The property benefits from its strategic position near businesses with numerous employees, creating a captive customer base and eliminating direct competition. Favorable lease terms include a 40-year lease with deferred rent until year 11 and an option to renew. Impressive IMST projections forecast high fuel and inside sales volumes, promising a strong return on investment. The property's zoning is commercial, and its location at a new airport entrance ensures continued high traffic volume. This is a turnkey opportunity to establish a high-performing truck stop in a thriving market with significant upside potential. The asking price is $1,200,000. The property is situated in Gatesville, TX, zip code 76528.

Highlights

  • Approved site plans for a truck stop, streamlining development.
  • Strategically located near warehouses and businesses, with no nearby competition.
  • 9.5-acre site at the new Abilene Regional Airport entrance, with over 14,000 vehicles daily.
  • IMST projections show high fuel and inside sales potential.
  • 40-year lease with deferred rent until year 11, renewal option, and flexible ownership transfer.

Property Details for 36 And Fm 18

Property type
Other retail properties, Automotive properties
Lot Size (sq. ft)
413,820 SF

Location Insight

City
Gatesville
County
Coryell
State
Texas
Latitude
32.428077920846
Longitude
-99.681270050347
36 And Fm 18, Gatesville, Texas

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36 And Fm 18
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