310 US-59 S

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310 US-59 S

Cleveland, TX 77327
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

What's Special

Interstate Frontage Location Just North of Houston | Opportunity Zone <ul><li>​8% Brokerage Fee​</li><li>​Premier ±2.46 acres I-69 frontage with direct access to TX-573 located in Opportunity Zone</li><li>​Zoned General Commercial - Current zoning allows for retail, office, restaurants, storage, wholesaling and warehousing establishments, and other commercial uses</li><li>​City water available to site; no city sewage currently available</li><li>​New I-69 designation enhances regional connectivity, elevating Cleveland, Texas’s visibility and positioning the area fo

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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