1165 Patterson AveFlorence, TX 76527

  • Other commercial real estate
  • 14,512 SF
For Sale
$2,133,000 View listing

Property Details for 1165 Patterson Ave

Year built
2017
Lot size
10.05 AC
Property size (Sq ft)
14,512 SF
Property type
Other commercial real estate
APN
R-10-W028-5000-0003A
APU
R10W02850000003A

Description

This expansive commercial property, located at 1165 N Patterson Ave in Florence, Texas, presents a unique opportunity for a variety of businesses. The substantial 14,512 square foot building combines versatile warehouse space with dedicated office areas. The office section includes a convenient kitchenette and bathroom, enhancing functionality and employee comfort. The property sits on a generous 10.05-acre lot, offering ample room for expansion, storage, or outdoor operations. A significant advantage is the presence of farmland situated behind the warehouse, potentially offering additional development possibilities or complementary land use. While a non-working well exists on the site, a water hookup is readily available at the roadside. The current owner utilizes a rainwater collection system for sinks and toilets, demonstrating a sustainable approach to water management. This property is priced at $2,133,000 and offers significant potential for a wide range of commercial ventures. Its size, location, and combination of warehouse and office space make it an attractive investment opportunity in the Florence, Texas market. The ample acreage provides flexibility for future growth and development, making this a truly exceptional commercial offering. Serious inquiries are encouraged to explore the full potential of this substantial property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,422,410
    Hospitality
    $4,050,904
    Educational
    $3,370,305
    Medical
    $3,486,215
    Retail
    $5,242,696
1165 Patterson Ave, Florence, Texas

Location Insight

City
Florence
County
Williamson
State
Texas
Latitude
30.8554
Longitude
-97.8046
CBSA code
12420
CBSA name
AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$28,347
$427,437
$1,722,563
$2,150,000
-
$427,437
$1,722,563
$2,150,000

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