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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28764223
28764224

SMART INVESTMENT in income generating land and business

VR
TX 589775, TX 9011169
Maxworth Real Estate Group LLC
Listed by Maxworth Real Estate Group LLC
$5,500,000
222 days on market
Updated 0 days ago
Details
Property Type Business for Sale, Land (+1)
Sub Type Business and Building, Ranch (+1)
Square Footage 3,450
Net Rentable (SqFt) 3,450
Units 3
Cap Rate 2.21%
NOI $121,600
Occupancy 100%
Tenancy Multi
Lease Term 1
Lease Expiration 09/29/2026
Remaining Term 0.2
Pro-Forma Cap Rate 2.76%
Pro-Forma NOI $152,041
Price per SqFt $1,594
Broker Co-Op Yes
Acreage 16.400
Zoning Open zoning in ETJ
Investment Type Value Add
Lease Commencement 09/30/2025
Ownership Corporation
Sale Condition For sale by owner

Land Investment in high growth corridor with positive cash flow .

Marketing description

HUGE OPPORTUNITY . INCOME GENERATING LAND + APPRECIATION

Here’s an unparalleled investment opportunity in one of the fastest-growing cities in the DFW area and the nation. This 16.4-acre property features two operational cricket grounds, a 2800 sq ft house with rental apartments, office space, and horse stables. With established operations, floodlit grounds, and a thriving market for cricket in DFW, the property ensures immediate revenue and substantial future appreciation. HEB has also purchased about 95 acres near by in Pilot Point for future development. The area has huge potential to grow in future.

Owners are also licensed real estate agents.

Investment highlights

Investment Highlights: Purchase at $5.5MM for 100% ownership or invest $2.5MM for a 40% share with a profitable business model. Income sources include rental income, potential food truck rentals, sports facilities, and tournaments, promising strong cash flow and returns. With about 2000+ houses expected nearby, the property is projected to be valued at $8MM in 5 years, providing lucrative exit opportunities. Don't miss the chance to secure your position in this high-income-generating investment property .

Listing Contacts

VR
TX 589775, TX 9011169
Maxworth Real Estate Group LLC
Listed by Maxworth Real Estate Group LLC

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$121,600.00
$10,133.33/mo

Valuation Metrics

0
DSCR
2.21%
Cap Rate
2.21%
ROI

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