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6213 E Hwy 332
Freeport, TX 18458
Asking Price
$14.56M
Asset Type
Industrial Land
Class
Class B
What's Special
Land | 44.66 acres <ul><li>Multiple product lines in immediate proximity</li><li>Heavy industrial area</li><li>Robust industrial utilities</li><li>Centerpoint (138 kva & 345 kva)</li><li>Private industrial utilities</li><li>Union pacific adjacent (southern border)</li><li>Excellent access to hwy. 288</li><li>Highway 332 frontage~ 1500 ft. of frontage</li><li>Out of the 500-year floodplain</li><li>6 miles from port freeport</li><li>Asking price: $14,558,000 or $7.48/sf</li></ul>
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NOI
$80,000
Cap Rate
0.55%
DSCR
0.09
Underwater
Cash-on-Cash
-17.96%
Monthly Payment
$72,025.041
Annual Cash Flow
$-784,300.491
