County Road 168

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County Road 168

Alvin, TX 77511
Asking Price
$1.50M
Asset Type
Distribution Industrial
Class
Class B

What's Special

Expansive Brazoria County Tract Blending Privacy, Natural Beauty, and Endless Possibilities <ul><li>​<strong style="color: rgba(0, 0, 0, 1)">39.98 acres with no restrictions</strong></li></ul><p></p><ul><li>​<strong style="color: rgba(0, 0, 0, 1)">Agricultural exemption in place for low property taxes</strong></li></ul><p></p><ul><li>​<strong style="color: rgba(0, 0, 0, 1)">Freshly constructed gravel driveway</strong></li></ul><p></p><ul><li>​<strong style="color: rgba(0, 0, 0, 1)">Ideal for residential, commercial, or recreational development</strong></li></ul><p></p><ul><li>​<strong

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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179

Location & Travel Times