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$165,000

tbd Us-287 Highway, Vernon, TX, 76384

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About this property

Prime commercial property spanning 5.67 acres along the frontage road of US 287 in Vernon, Texas. This property boasts a strategic location with a new hotel rising adjacent to it, promising an influx of visitors and potential customers. Furthermore, its proximity to a Walmart supercenter on the same block enhances its commercial appeal, offering high visibility and traffic. Additionally, its placement in an opportunity zone opens avenues for potential tax benefits and incentives, making it an attractive investment for discerning buyers or businesses looking to capitalize on Vernon's growing economy.

Investor Tools

$0Estimated Mortgage Balance
$165,000Estimated 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
$990 /month
Positive
Cash Flow Estimate:
$330 /month

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Keller Williams Realty

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Financing Details

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

City: Vernon