$70,000

LAND · MLS® A2277337
02 / Overview

PROPERTY OVERVIEW

The location of this vacant lot makes it worth a look. Located on the busiest North End feeder road, 98 Street sees large daily traffic volumes and the location close to schools and on the way to the North End amenities would make this a great spot for a strip mall, convenience store or restaurant. High visibility also helps make this lot desirable. The owner is willing to build to suit so check out what options exist here for you...

03 / Details

PROPERTY DETAILS

Property TypeLAND
Lot Size6,525 sq ft
ZoningMixed Industrial/Business
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,428After mortgage & expenses
Cap Rate30.4%Based on market rents
Cash on Cash Return122.4%With 20% down payment
Est. Monthly Rent$2,000Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

NORTHEND

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Walk ScoreN/A
Avg Home PriceN/A
Price / Sq FtN/A
Avg Days on MarketN/A
Presented By

Layne Gardner

RE/MAX Northern Realty