Custer Road & 1st Street (Future Wilmeth Road)

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Custer Road & 1st Street (Future Wilmeth Road)

McKinney, TX 49405
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 30.27 acres <ul><li>​Size: 30.27 Acres</li><li>​Located on the east side of Custer Road,</li><li>​approximately 1.25 miles north of US-380</li><li>​Zoning: McKinney ETJ</li><li>​Utilities: Just East, City of McKinney for Sewer &</li><li>​Water</li><li>​Utilities: Just East, City of McKinney for Sewer &</li><li>​Water</li><li>​ Flood Plain: Estimated 17.5 Acres, however approximately 12+ acres could be reclaimed</li><li>​Prosper ISD</li><li>​ Call for Info & Price</li></ul>

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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

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