Courtesy: RE/MAX Big Country
Income-producing telecom investment opportunity featuring a dedicated 75’ x 75’ fenced parcel with an active cellular tower site. Property is subject to an existing single-tenant ground lease with Tillman Infrastructure, a national telecommunications infrastructure provider. Current rent is $900 per month ($10,800 annually) with contractual rent increases of eight percent (8%) at the commencement of each five-year extension term. The lease includes an initial ten (10) year term with multiple automatic renewal options totaling up to ninety (90) years. Tenant has 24-7 access and is responsible for utilities and expenses related to its improvements. Ownership responsibilities are minimal. The tower site is a standalone, separately owned parcel and is not part of the surrounding acreage or nearby residential property. Property will be conveyed subject to the existing lease. Lease contains a Right of First Refusal in favor of the tenant. Buyer to independently verify all lease terms, income, and due diligence items. Ideal opportunity for cash investors or 1031 exchange buyers seeking long-term, passive income backed by an established telecom tenant.
Courtesy: Coldwell Banker Apex, REALTORS
Situated strategically along the thriving corridor of I-20, just west of the growing Abilene area, this 2.18 acre lot presents a golden opportunity for investors and entrepreneurs seeking a high-visibility commercial location. Located just 19 miles from the new Data Center. This expansive parcel offers unparalleled exposure to a bustling thoroughfare, making it an ideal site for various commercial ventures. Lot is flat and easily developable terrain, this property stands as a blank canvas, ready to bring your business vision to life. The lot promises efficient accessibility with direct two-way road access from the I-20 frontage, ensuring ease of transportation for employees and customers alike. Perfectly providing flexibility for a multitude of build-outs including warehouses, office buildings, retail stores, or light industrial facilities. Its flat topography simplifies construction logistics, reducing groundwork complexities and associated costs. The high visibility from I-20 amplifies its appeal for businesses requiring prominent signage and brand presence.
Courtesy: Coldwell Banker Apex, REALTORS
Looking to expand your portfolio with an investment property? This land is zoned for commercial, has easy access to a two way I-20 frontage road with high visibility. Perfect for RV park, storage buildings, office buildings or residential duplexes. Lot is already level and nearly clear of trees, which simplifies construction logistics, reducing groundwork complexities and associated costs.. There is utilities running adjacent to the lot that includes water, electricity and high speed internet. With Merkel growing and Abilene expanding westward, now is the time to invest as land is the top real estate investment. Lot is 1 acre but there is also 2.18 acre lot next to it that can be added for a total of 3.18 acres. Not in a known flood zone, buyer to verify.
Merkel is located in Texas. Merkel, Texas has a population of 2,290. Merkel is more family-centric than the surrounding county with 44.61% of the households containing married families with children. The county average for households married with children is 32.4%.
The median household income in Merkel, Texas is $53,681. The median household income for the surrounding county is $57,811 compared to the national median of $69,021. The median age of people living in Merkel is 33.3 years.
The average high temperature in July is 94.1 degrees, with an average low temperature in January of 30.7 degrees. The average rainfall is approximately 26.4 inches per year, with 3.5 inches of snow per year.
