17340 Lookout RdSelma, TX 78154

For Sale
$3,700,000

Prime 7.2-acre industrial land; lease, sale, or build-to-suit.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 7.2-acre commercial and industrial land parcel is located at 17340 Lookout Road in Selma, Texas, 78154, within Comal County. The property offers significant development potential, with 2.5 acres immediately available for lease, sale, or build-to-suit options. The remaining 4.7 acres are currently under a net-net-net (NNN) land lease with a remaining term of approximately 1.9 years, expiring October 31, 2026, and featuring 3% annual rent increases. This provides a covered land play for future expansion. The property boasts excellent frontage on Lookout Road and is zoned for industrial use. The asking price for the entire 7.2-acre parcel is $3,700,000, translating to a land value of $11.75 per square foot. This presents a unique opportunity for businesses seeking land in a desirable location with flexible options for immediate use and future growth. The property is individually owned.

Highlights

  • $3,700,000 asking price for 7.2 acres of commercially and industrially zoned land.
  • Located at 17340 Lookout Rd, Selma, TX 78154.
  • Industrial zoning permits various uses.
  • Land price is $11.75 per square foot.
  • 2.5 acres immediately available for lease, sale, or build-to-suit; 4.7 acres available under a NNN land lease.
  • Excellent road frontage on Lookout Road.

Property Details for 17340 Lookout Rd

Property type
Other land, Other industrial properties
Lot Size (sq. ft)
313,632 SF

Location Insight

City
Selma
County
Comal
State
Texas
Latitude
29.598328753821
Longitude
-98.303589977203
17340 Lookout Rd, Selma, Texas

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17340 Lookout Rd
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