0 State Hwy 181 #2

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0 State Hwy 181 #2

Daphne, AL 36526
Asking Price
$1.10M
Asset Type
Bank Land
Class
Class B

What's Special

south portion of 2.12 acre hard corner <ul><li>​High Visibility Hard Corner</li><li>​Steady strong Population Growth</li><li>​Heavy Retail and Residential Development immediately to the south</li><li>​Situated along two heavy commuter routes</li><li>​Located on major artery to Interstate 10 (Exit 38)</li></ul>

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NOI
$80,000
Cap Rate
7.27%
DSCR
1.22
Tight
Cash-on-Cash
4.45%
Monthly Payment
$5,442.2
Annual Cash Flow
$14,693.602

Location & Travel Times