Xin Zhou Acquires Development Site In Colorado County, TX For $795,000

A development site located at 1108 Kveton Road in Colorado County, TX, has been sold in a recent transaction. The property was listed for an asking price of $800,000 and was ultimately sold for $795,000.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $795,000
• Address: 1108 Kveton Road, Colorado County, TX

The buyer of the property is Xin Zhou, while GPO Properties, represented by Garry Oubre, acted as the seller. The transaction was facilitated by Leigh Anne Ahr of Proximity Commercial Advisors, who served as the broker in the deal.

The sale of this development land marks a new market per square foot price for the area. The broker, Leigh Anne Ahr, expresses gratitude to GPO Properties for entrusting Proximity Commercial Advisors with the marketing and sale of their property.