15200 Point Northwest Point

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15200 Point Northwest Point

Houston, TX 77095
Asking Price
$1.10M
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 1.504 acres <ul><li>​Prime 1.50± acre commercial development opportunity</li><li>​Near Hwy 6 and US-290</li><li>​Strong candidate for neighborhood-serving commercial uses</li><li>​Suitable for medical office, professional office, daycare/early learning, service retail, coffee shop/quick-service restaurant, flex/office, owner-user development, or long-term land investment</li><li>​Prior multifamily development work may be available upon request</li></ul>

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NOI
$80,000
Cap Rate
7.28%
DSCR
1.23
Tight
Cash-on-Cash
4.47%
Monthly Payment
$5,437.252
Annual Cash Flow
$14,752.972

Location & Travel Times