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Southwest of Battaglia Drive and La Palma Road
Eloy, AZ 85131
Asking Price
$10.21M
Asset Type
Residential Land
Class
Class B
What's Special
Land | 319.13 acres <p>Prime Investment property or development property. Great location next to downtown Eloy with frontage on 3 major roads and easy access to I-10, the railway, and Highway 87. Eloy is an ADWR designated 100-year water provider. All utilities are located near the property. Property would be good location for a data center and additional land is available for a larger site up to 945 total acres. Property could also be developed with current plan of residential and commercial.</p>
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NOI
$80,000
Cap Rate
0.78%
DSCR
0.13
Underwater
Cash-on-Cash
-17.18%
Monthly Payment
$50,524.196
Annual Cash Flow
$-526,290.349
