1480 South Main Street

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1480 South Main Street

Boerne, TX 78006
Asking Price
$4.90M
Asset Type
Commercial Land
Class
Class B

What's Special

15+/- ACRES FOR SALE ON S MAIN ST IN BOERNE TEXAS <ul><li>​<span style="color: rgba(34, 34, 34, 1)">Price = $4,900,000</span></li><li>​<span style="color: rgba(34, 34, 34, 1)">±15.02 acres of commercial land in Boerne’s main corridor</span></li><li>​<span style="color: rgba(34, 34, 34, 1)">C-3 zoning allows retail, medical, hospitality, and mixed-use</span></li><li>​<span style="color: rgba(34, 34, 34, 1)">Frontage on IH-10, Herff Rd, and S. Main Street</span></li><li>​<span style="color: rgba(34, 34, 34, 1)">346’ frontage on S. Main Street</sp

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NOI
$80,000
Cap Rate
1.63%
DSCR
0.27
Underwater
Cash-on-Cash
-14.35%
Monthly Payment
$24,242.526
Annual Cash Flow
$-210,910.318

Location & Travel Times