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418 S AVE D
ELGIN, TX 78621
Asking Price
$139K
Asset Type
Commercial Land
Class
Class B
What's Special
Downtown Elgin High Visibility dual entrance <p><span style="color: rgba(42, 42, 51, 1)">Prime commercial development opportunity in the heart of Elgin with high-visibility frontage on S Main Street (State Hwy 95) and secondary access from S Avenue D, offering excellent traffic exposure and flexible site access. This approximately 0.417-acre (18,180 SF) tract benefits from dual zoning (C1 & C2), creating significant potential for a variety of commercial uses. Ideal for retail, service-based businesses, office, or redevelopment in a growing
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NOI
$80,000
Cap Rate
57.55%
DSCR
9.69
Strong
Cash-on-Cash
172.06%
Monthly Payment
$687.696
Annual Cash Flow
$71,747.646
