00 Military Hwy

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00 Military Hwy

Brownsville, TX 78526
Asking Price
$5.00M
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 50 acres <ul><li>​2256 Frontage Liner Ft = +/-HALF A MILE.</li><li>​NEAR SPACE X , NEAR LNG </li><li>​NEIGHBORING RIVERBEND GOLF, RESORT </li><li>​INTERNATIONAL BRIDGE WITHIN 1.5 MILES </li><li>​NEW SUBD ACROSS HWY</li><li>​NEWLY ANCHORED BUSINESS </li><li>​</li><li>​Owner Financing Available</li><li>​</li><li>​12 +/- Acres from Levee to River are excluded please see Exibits A in Documents</li><li>​Survey on file</li></ul>

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NOI
$80,000
Cap Rate
1.60%
DSCR
0.27
Underwater
Cash-on-Cash
-14.46%
Monthly Payment
$24,737.272
Annual Cash Flow
$-216,847.263

Location & Travel Times