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3775 Grove Rd
Phoenix, OR 97535
Asking Price
$1.30M
Asset Type
Commercial Land
Class
Class B
What's Special
2.35 AC | Commercial Land | Lot 2 <ul><li><span style="color: rgba(6, 34, 57, 1)">Last substantial I-5 Interchange development opportunity in the region</span></li><li><span style="color: rgba(6, 34, 57, 1)">Approved for 736 pm Peak Hour Trips (no further traffic studies required)</span></li><li><span style="color: rgba(6, 34, 57, 1)">Adjacent to Home Depot</span></li><li><span style="color: rgba(6, 34, 57, 1)">Proximity to California draws shoppers for no sales tax in Oregon</span></li></ul><p></p><p></p>
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NOI
$80,000
Cap Rate
6.15%
DSCR
1.04
Tight
Cash-on-Cash
0.72%
Monthly Payment
$6,431.691
Annual Cash Flow
$2,819.712
