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300 W School Street
Madisonville, TX 77864
Asking Price
$850K
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 12.11 acres <ul><li>±12 Acres Total</li><li>Commercial Zoning Potential (Buyer to Verify)</li><li>Currently Zoned Single Family Residential</li><li>Utilities Available</li><li>Excellent Location in Growing Madisonville</li><li>Multiple Development Opportunities</li><li>Strong Redevelopment & Adaptive Reuse Potential</li><li>One of the few remaining large infill tracts within Madisonville city limits</li><li>Flexible redevelopment profile attractive to: Residential developers, Churches and nonprofit
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NOI
$80,000
Cap Rate
9.41%
DSCR
1.59
Strong
Cash-on-Cash
11.58%
Monthly Payment
$4,205.336
Annual Cash Flow
$29,535.965
