800 Alabama AveSweetwater, TX 79556

  • Commercial land
  • 4.42 AC
For Sale
$131,000 View listing

Property Details for 800 Alabama Ave

Lot size
4.42 AC
Property type
Commercial land
APN
S7500-0032-01
APU
S7500003201

Description

This exceptional redevelopment opportunity encompasses five parcels totaling 11.227 acres in Sweetwater, Texas, offering a unique blend of industrial and residential zoning. The property includes two parcels east of Throckmorton Street, totaling 9.17 acres, zoned for dwellings, which permits mobile homes. These parcels present significant potential for a mobile home park or similar residential development. Additionally, three platted parcels west of Throckmorton Street, totaling 2.057 acres, are zoned for industrial use, providing flexibility for various commercial ventures. Individual parcel addresses and Nolan County Property IDs (PIDs) are included: 804 Throckmorton St (PID: 28410) 0.96 Ac, 810 Throckmorton St (PID: 28411) 0.23 Ac, 807 Coke St (PID: 28412) 0.87 Ac, 600 Moody St (PID: 31022) 4.75 Ac, and 800 W Alabama Ave (PID: 31023) 4.42 Ac. The total square footage across all parcels is 489,048 square feet. This property is located at 800 W Alabama Ave, Sweetwater, TX 79556, and presents a compelling investment opportunity for developers seeking a mixed-use project in a growing Texas market. The asking price for this significant land holding is $131,000. This is a rare chance to acquire a substantial land area with diverse zoning possibilities in a single transaction.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $50,152,700
    Hospitality
    $45,939,604
    Educational
    $38,221,212
    Medical
    $39,535,696
    Retail
    $59,455,216

Location Insight

City
Sweetwater
County
Nolan
State
Texas
Latitude
32.4598
Longitude
-100.41
CBSA code
45020
CBSA name
SWEETWATER, TX MICROPOLITAN 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
2022
$189
$9,950
-
$9,950
-
$9,950
-
$9,950

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