106 Lexington Drive

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106 Lexington Drive

Madison, MS 39110
Asking Price
$275K
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 0.53 acres <ul><li>​Land parcel ready for immediate conceptual planning and entitlement</li><li>​Level topography streamlines site development and infrastructure</li><li>​Utilities located nearby facilitate cost-effective servicing</li><li>​Surrounding growth supports retail, office and service businesses</li><li>​Flexible zoning (C-2) accommodates a variety of development options</li></ul>

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NOI
$80,000
Cap Rate
29.09%
DSCR
4.90
Strong
Cash-on-Cash
77.18%
Monthly Payment
$1,360.55
Annual Cash Flow
$63,673.401

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