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308 College Street West, TX 76691
- Other / Resale (MLS)
Property Details for 308 College Street, West, TX 76691
Features
- Price/sqft: $15
Facts
- Property ID: 877567912
- MLS Number: 220474
- Property Type: Other
- County: MCLENNAN
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. 1.2 +/- acre lot on IH35 northbound frontage road, in a great location across from Slovacek's and close to Czech Stop. High traffic count (over 77k vehicles per day) and positioned well for retail, including fast food. New McDonald's less than a mile away and Starbucks under construction nearby. The city of West is growing rapidly with several new residential developments underway. Property is located within the Heart of Texas Opportunity Zone. Incentives include a temporary tax deferral and a step-up in basis for capital gains reinvested in an Opportunity Zone Fund and a permanent exclusion from taxable income of capital gains from the sale or exchange of an investment in a qualified Opportunity Zone Fund if the investment is held for at least 10 years.
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Property Brokerage:
Magnolia Realty
7503 Bosque Blvd
Waco
TX
76712
Copyright © 2024 Waco Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.