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FM 917 (Heritage Parkway) and Main Street
Mansfield, TX 76063-7464
Asking Price
$1.50M
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 5.05 acres <ul><li>Located at the NW quadrant of FM 917 (Heritage Parkway) and Main Street City of Mansfield, Texas approximately 1.2 miles west of U.S. Highway 287.</li><li>Suited for commercial and industrial uses.</li><li>533.93 feet of frontage along FM 917, all utilities and good visibility.</li><li>Zoned industrial I-2 in the back and I-1 along the road frontage.</li><li>Shared drive from FM 917 and cross access from Main Street.</li><li>Price: $1,500,000.00</li></ul>
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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179
