Cooksey Road

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Cooksey Road

Adkins, TX 78101
Asking Price
$3.38M
Asset Type
Commercial Land
Class
Class B

What's Special

Exceptional opportunity to own 125 acres of semi-cleared land, 30 minutes from downtown San Antonio <p>Location of Property</p><p>•Loop 1604E to Cooksey Rd. Use 11218 Cooksey Rd for reference</p><p>Restrictions</p><p>•Unrestricted</p><p>•OCL</p><p>Lot Description (Estimated)</p><p>•Front Feet: 500’ Cooksey Road</p><p>•Depth Feet: 5,500’</p><p>Description</p><p>•Versatile land, 125 Acre tract out of 175.65 Acres on Cooksey Road</p><p>•Ag-Exempt with paved road frontage</p><p>•$27,000 an Acre</p><p>•No survey available, but new one will be provided</p><p>•No city taxes</p><p>•No HOA dues</p><p>•

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NOI
$80,000
Cap Rate
2.37%
DSCR
0.40
Underwater
Cash-on-Cash
-11.89%
Monthly Payment
$16,697.659
Annual Cash Flow
$-120,371.902

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