1221 East Highway 90 Alternate

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1221 East Highway 90 Alternate

Richmond, TX 77406
Asking Price
$650K
Asset Type
Commercial Land
Class
Class B

What's Special

+/-2.0 AC Prime Highway 90A Frontage | Proposed Car Lot Site | Richmond, TX <p>Capitalize on Fort Bend County's explosive growth with this premium +/-2.00 acre commercial land tract located at 1221 E. Highway 90A in Richmond, Texas. Offering an impressive 354 feet of highway frontage, this site guarantees high-impact brand visibility.</p><p></p><p>The property is uniquely positioned for immediate vertical construction. It comes with a comprehensive proposed site plan tailored for an automotive dealership, featuring a 1,520 sq. ft. metal building on a concrete slab, desi

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NOI
$80,000
Cap Rate
12.31%
DSCR
2.07
Strong
Cash-on-Cash
21.24%
Monthly Payment
$3,215.845
Annual Cash Flow
$41,409.856

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