5702 Texas 327 Spur

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5702 Texas 327 Spur

Lubbock, TX 79424
Asking Price
$363K
Asset Type
Commercial Land
Class
Class B

What's Special

17,000 AADT Pad Site | .54 AC on Spur 327 <ul><li>​117,000 average daily vehicle visibility </li><li>​17,000 average daily traffic count on property frontage </li><li>​Direct access and visibility along Texas 327 Spur frontage </li><li>​Level topography simplifies site preparation and grading </li><li>​Utilities available at parcel edge for efficient connections </li><li>​Expedited entitlement potential due to straightforward parcel composition </li><li>​Ideal for commercial, QSR, financial services, touchless car wash, pole sign adver

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NOI
$80,000
Cap Rate
22.07%
DSCR
3.72
Strong
Cash-on-Cash
53.77%
Monthly Payment
$1,793.452
Annual Cash Flow
$58,478.573

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