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$3,700,000

TBD N Jefferson (Hwy. 271 N.), Mt Pleasant, TX, 75455

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About this property

Prime commercial land with endless potential for future development! This 11+ acres is located inside the city limits of Mt. Pleasant just moments from I-30. Being zoned commercial property creates opportunities for retail merchants, multi-family development, new housing addition, gas/grocery, or entertainment venue. It’s ideal for investors, government, or any individual looking for growth or expansion. Road frontage and easy access from two roads, one of those being a US Highway.

Investor Tools

$0Estimated Mortgage Balance
$3,700,000Estimated 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
$22,200 /month
Positive
Cash Flow Estimate:
$7,400 /month

Interested in this property?

Amy Hinton

Hinton Realty

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Financing Details

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

City: Mt Pleasant

TBD N Jefferson (Hwy. 271 N.) | Property Details | No Agent List