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26444 FM 2978
Magnolia, TX 77354
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 5.223 acres <ul><li><span style="color: rgba(0, 0, 0, 1)">5.2226 Acres - Commercial land For Sale</span></li><li><span style="color: rgba(0, 0, 0, 1)">344.7 feet of frontage on FM 2978 with 2 curb cuts</span></li><li><span style="color: rgba(0, 0, 0, 1)">Plans and permits in place to construct a ±38,908 s.f. warehouse with detention</span></li><li><span style="color: rgba(0, 0, 0, 1)">5 minutes to Village of Sterling Ridge, & Village of Creekside Park Communities</span></li><li><span style="color: rgba
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
