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$1,295,000

00 Co Rd 314, Terrell, TX, 75161

On MarketInfo

About this property

Approximately 6.206 acres consisting of two parcels positioned near the I-20 and County Road 314 interchange outside Terrell, Texas. The property is offered only as a combined assemblage and includes an approximately 5.00-acre primary tract and adjoining approximately 1.206-acre tract. The site provides substantial I-20 visibility, approximately 590 feet of frontage along the I-20 right-of-way and approximately 371 feet along County Road 314. The vacant property contains no permanent structures and is located outside the Terrell city limits and ETJ. The property is unzoned. Potential highway-oriented uses may include fuel and convenience retail, quick-service restaurants, RV-related development, highway retail, hospitality or other commercial development, subject to buyer verification and applicable governmental approvals. Prior due-diligence materials include an ALTA survey, environmental report, geotechnical report and conceptual development plans illustrating potential fuel and convenience, quick-service restaurant and RV development configurations. Access, utilities, site configuration, development feasibility and permitted uses are subject to independent verification and approval.

Investor Tools

$0Estimated Mortgage Balance
$1,295,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,770 /month
Positive
Cash Flow Estimate:
$2,590 /month

Interested in this property?

Kevin Weable

M&D CRE, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Terrell

00 Co Rd 314 | Property Details | No Agent List