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Tbd Orange Avenue Extension
Fort Pierce, FL 34945
Asking Price
$929K
Asset Type
Commercial Land
Class
Class B
What's Special
AG Land with managed water control <p>153ac GROVE in NW quadrant of Orange Ave Citrus Growers Assoc (OACGA).</p><p>OACGA FEES for Irrigation Water, Drainage & Pump Systems and Road Maintenance are </p><p> $115 per acre annually ($85. Base Operations + $30. Special Assessment for Improvements). </p><p> Diesel Pump Microjet Irrigation System. Capacity: 145 – 175 trees/ac in 2 zones. </p><p>Artesian Well north of Pump.</p><p>USDA Tree Assistance Program, TAP, available for clearing and cost of replacement trees.</p><p>Blocks 1
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NOI
$80,000
Cap Rate
8.61%
DSCR
1.45
Strong
Cash-on-Cash
8.91%
Monthly Payment
$4,596.185
Annual Cash Flow
$24,845.779
