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$600,000
NAL Estimated Property Value221-219 W OCEAN BLVD. 9, 10, 11, 12, LOS FRESNOS, TX, 78566
Off Market
Commercial
— Beds
— Bath
5,000 Sq Ft
$120 / sqft
Built in 1980About this property
Smack-dab center in the heart of Los Fresnos. Currently leased to Ben's Liquor, a good tenant. Los Fresnos on Highway 100 -- a Major East/West thoroughfare on the way to South Padre Island. This is actually 2 buildings Comercial Retail on the left (2400 sf) and commercial shop (3000sf) on the right with 3 overhead bay doors. Retail has new ac double insulation, new bathroom. Fresh blacktop on the entire parking lot.
Investor Tools
$600,000
Estimated Property Value
$0Estimated Mortgage Balance
$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
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
12.4%