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Farm to Market Road 982
Princeton, TX 75407
Asking Price
$2.95M
Asset Type
Residential Land
Class
Class B
What's Special
Land | 11.8+/- Acres <p><strong style="color: inherit">Strategic Location</strong></p><ul><li><span style="color: rgba(64, 63, 66, 1)">Strategically positioned within Collin County with convenient access to US 380 and US 75.</span></li><li><span style="color: rgba(64, 63, 66, 1)">The Site is located on the corner of FM 982 and County Road 739, FM 982 is one of the major north and south thoroughfares in the Princeton area.</span></li><li><span style="color: rgba(64, 63, 66, 1)">Sewer and water are to the primary S
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NOI
$80,000
Cap Rate
2.71%
DSCR
0.46
Underwater
Cash-on-Cash
-10.75%
Monthly Payment
$14,594.99
Annual Cash Flow
$-95,139.885
