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6213 E Hwy 332
Freeport, TX 18458
Asking Price
$10.35M
Asset Type
Industrial Land
Class
Class B
What's Special
Land | 30.66 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: $10,350,000 or $7.75/sf</li></ul>
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NOI
$80,000
Cap Rate
0.77%
DSCR
0.13
Underwater
Cash-on-Cash
-17.21%
Monthly Payment
$51,206.153
Annual Cash Flow
$-534,473.834
