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$1,600,000

NAL Estimated Property Value

1120 Midtown Drive, College Station, TX, 77845

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About this property

- 2.05 acre shovel-ready pad site available with all utilities including off-site detention - Fully entitled for a wide variety of uses including office, medical, retail, hospitality, or mixed uses - Close proximity to the College Station Baylor Scott & White Medical Center and St. Joseph Health College Station Hospital - Shared driveway to Midtown Drive already constructed with future stub outs in place - Minimum setbacks for efficient land use and building design (12,000 – 14,000 buildable square feet per acre) - Baylor Scott & White is improving its campus with $90 million in capital improvements to expand emergency department and construct 100,000 SF MOB to include clinical space, Sleep Center, therapy services, lab, and ambulatory surgical center - Midtown City Center is an urban master plan development with more than 3,000 living units upon completion and designed to serve the community’s need for health, wellness, enjoyment, and relaxation.

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$1,600,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,600,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,600 /month
Positive
Cash Flow Estimate:
$3,200 /month

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Financing Details

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

City: College Station

1120 Midtown Drive | Property Details | No Agent List