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$1,899,500

NAL Estimated Property Value

TBD Lot 5 I-20 Service RD S E, Willow Park, TX, 76087

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CommercialInfo

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Interior

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FlooringNone

About this property

PRIME NEW COMMECIAL DEVELOPMENT on the south side of I-20 just east of the Clear Fork of the Trinity River. Bond has been passed to build a new bridge to extend Bankhead Hwy. Property is targeting a Restaurant Row concept as well as other retail. Several new TXDOT entrances have been poured while water, sewer, and natural gas are also installed. This is slated to become one of the hottest commercial locations due to the recently installed Trinity Christian Athletic Facility as well as the refurbishment of Bankhead Hwy. Tract numbers and lot sizes are conceptual only and Owner will consider the feasibility of this lot and other lots to be subdivided or redrawn as necessary. This tract will require final plat and zoning approval as shown on the preliminary concept plan. There are approximately 7.87 acres...a mix of buildable, floodplain, and floodway acreage. Buyer is responsible to perform topographical and hydrology survey to ascertain actual mix.

Investor Tools

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$1,899,500
Estimated Property Value
$0Estimated Mortgage Balance
$1,899,500Estimated 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
$11,397 /month
Positive
Cash Flow Estimate:
$3,799 /month

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Financing Details

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

City: Willow Park

TBD Lot 5 I-20 Service RD S E | Property Details | No Agent List