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140 Peninsula Point Drive
Montgomery, TX 77356
Asking Price
$690K
Asset Type
Residential Land
Class
Class B
What's Special
Prime Commercial Lot in WaterStone, 1 - 3 Acre <p>Prime commercial opportunity in a rapidly growing area with excellent visibility and shared access from an established retail strip center anchored by a donut shop. This undeveloped 1 to 3 acre tract offers flexible potential for retail, office, medical, or service-based users. Utilities are available nearby for tie-in, and the property is subject to WaterStone deed restrictions prohibiting mobile or temporary buildings, helping maintain long-term value and aesthetics. Surveys, plat, and deed
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NOI
$80,000
Cap Rate
11.59%
DSCR
1.95
Strong
Cash-on-Cash
18.86%
Monthly Payment
$3,413.744
Annual Cash Flow
$39,035.078
