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$625,000

NAL Estimated Property Value

19377 David Memorial Drive, Shenandoah, TX, 77385

Off MarketInfo

About this property

Amazing and rare opportunity to secure a prime piece of land in close proximity to I45 and the Woodlands. There is already vast commercial development in the immediate area such as the A Loft Hotel, the Crowne Plaza Hotel, the Home2 Suites by Hilton Hotels, Main Event as well as various restaurants and shopping. This could be an excellent investment opportunity to buy and hold or to develop into a business of your choice. Some great potential uses for this land are a fast food restaurant, a mid size fitness club, a mid size grocery store, a medical facility, a bank or an office building (there are many other potential uses besides these). There is already water and sewer ran to the street and electricity will be very easily tied in as there is a hotel next door. This opportunity won't last long!

Investor Tools

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$625,000
Estimated Property Value
$0Estimated Mortgage Balance
$625,000Estimated 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
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month

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Financing Details

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

City: Shenandoah

19377 David Memorial Drive | Property Details | No Agent List