8910 FM 307

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8910 FM 307

MIDLAND, TX 79706
Asking Price
$2.00M
Asset Type
Commercial Land
Class
Class B

What's Special

7.01 Acres/or 3 acres of frontage to FM 307 in Greenwood! <p><strong>Property Highlights:</strong></p><p></p><p><strong>• 7.01 Acres/or 3 acres of frontage</strong><strong style="color: rgba(255,255,255,var(--O42jJQ,1))"> </strong></p><p><strong>• Prime Corner Location</strong></p><p><strong>• High Visibility Frontage on FM 307</strong></p><p><strong>• Located in the Greenwood Growth Corridor</strong></p><p><strong>• Minutes from Midland, Stanton, and Garden City</strong></p><p><strong>• Surrounded by New Residential Development</strong></p><p><strong>

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NOI
$80,000
Cap Rate
4.00%
DSCR
0.67
Underwater
Cash-on-Cash
-6.46%
Monthly Payment
$9,894.904
Annual Cash Flow
$-38,738.846

Location & Travel Times