Highway 288 & County Rd 341

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Highway 288 & County Rd 341

Angleton, TX 77515
Asking Price
$1.60M
Asset Type
Land
Class
Class B

What's Special

Land | 6.09 acres <ul><li>​Lot SqFt: 262,231</li><li>​Highway visibility and access</li><li>​Shovel-ready land site</li><li>​Price Reduced: $1,600,000 ($6.03/sf)</li><li>​Land site for sale, design build or build to suit</li><li>​Deed restricted business park</li><li>​Utilities: Provided by the City of Angleton</li><li>​Detention is in place</li><li>​Excellent access from Highway 288, County Rd 341 and County Rd 44</li><li>​Direct access on to Highway 288 South</li></ul>

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NOI
$80,000
Cap Rate
5.00%
DSCR
0.84
Underwater
Cash-on-Cash
-3.12%
Monthly Payment
$7,915.927
Annual Cash Flow
$-14,991.124

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