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1204 Larner Road
Carrollton, TX 75006
Asking Price
$3.20M
Asset Type
Religious/Church Special-purpose
Class
Class B
What's Special
Special Purpose | 12,500 SqFt <h2>Investment Highlights: 1204 Larner Rd, Carrollton, TX 75006</h2><p><strong>Unmatched Value-Add & Development Opportunity in a High-Growth Submarket</strong></p><p>This unique commercial asset combines immediate operational utility with exceptional ground-up development potential. Situated on a total footprint in a rapidly expanding Carrollton corridor, the property features two existing, functional buildings paired with significant surplus land ready for immediate expansion or repositioning.
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NOI
$80,000
Cap Rate
2.50%
DSCR
0.42
Underwater
Cash-on-Cash
-11.46%
Monthly Payment
$15,831.854
Annual Cash Flow
$-109,982.248
