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0 Wade Road, Owens Cross Roads, AL 35763
Owens Cross Roads, AL 35763
Asking Price
$1.60M
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 4.67 acres <p><strong style="color: rgba(0, 0, 0, 1)">Rare Infill Commercial Site | Hampton Cove's Premier Growth Corridor</strong></p><p></p><ul><li><span style="color: rgba(0, 0, 0, 1)">4.67 acres of fully entitled C-1 land at the intersection of Hwy 431 (26,600 VPD) & Eastern Bypass (20,300 VPD)</span></li><li><span style="color: rgba(0, 0, 0, 1)">Directly adjacent to RTJ Golf Trail — 54 holes, 12 miles of walking trails</span></li><li><span style="color: rgba(0, 0, 0, 1)">Walking distance to Starbuc
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NOI
$80,000
Cap Rate
5.00%
DSCR
0.84
Underwater
Cash-on-Cash
-3.12%
Monthly Payment
$7,915.927
Annual Cash Flow
$-14,991.124
