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Parsons Rd
Victoria, TX 77904
Asking Price
$3.55M
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 157.66 acres <p><strong style="color: rgba(64, 63, 66, 1)">Strategic Location</strong></p><ul><li><span style="color: rgba(64, 63, 66, 1)">The Site is located just over a mile west of Highway 77, one of the main north-south thoroughfares in Victoria which provides convenient access to downtown.</span></li><li><span style="color: rgba(64, 63, 66, 1)">Approximately 3 miles from the intersection of Highway 77 and Zac Lentz Highway, the Site is well positioned for future residents to enjoy extensive retail opt
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NOI
$80,000
Cap Rate
2.26%
DSCR
0.38
Underwater
Cash-on-Cash
-12.27%
Monthly Payment
$17,550.352
Annual Cash Flow
$-130,604.228
