4328 Old Spanish Trail

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4328 Old Spanish Trail

Houston, TX 77021
Asking Price
$37.5
Asset Type
Commercial Land
Class
Class B

What's Special

Excess land from newly built bank fronting newly redone Old Spanish Trail. <ul><li>​2.26 acres adjacent to newly built Bank OZK branch. Can be divided.</li><li>​Two points of access from Old Spanish Trail and Blythewood. </li><li>​Cross access with Bank OZK. Two curb cuts designated to this portion of Old Spanish Trail along the property.</li><li>​175’ of frontage on newly redone Old Spanish Trail. </li><li>​Located in the primary corridor of TIRZ #7 with designed improved access from Old Spanish Trail to MacGregor Park including new pedestrian crossings, sidewalks, me

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NOI
$80,000
Cap Rate
213333.33%
DSCR
35933.18
Strong
Cash-on-Cash
711091.32%
Monthly Payment
$0.186
Annual Cash Flow
$79,997.774

Location & Travel Times