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$3,000,000
NAL Estimated Property Valuetbd US 377, Cross Roads, TX, 76227
Off Market
Commercial
About this property
Future Land Use designates this property as C-2 commercial, a general business designation. The new intersection of FM 424 and US Hwy 377 will intersect at the lower corner of this property. TxDOT plans will relocate the current intersection south. A business park has been conceptualized for this site, as it has 18 inch water line on the front and will have an 8 inch installed through the interior of this property. The property fronts on US Hwy 377 and public street, along north side of property, adjacent to Tractor Supply. Conceptual business park proposed.
Investor Tools
$3,000,000
Estimated Property Value
$0Estimated Mortgage Balance
$3,000,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$18,000 /month
Positive
Cash Flow Estimate:
$6,000 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
12.4%