SOLDLand
Eshenbaugh Land Company Brokers $5.1M Sale Of 163-Acre Land Parcel In Tampa
2998 North 62nd Street
$5,093,464
Building Size
—
Asset Type
Land
Closing
Feb 2, 2024
AI
Eshenbaugh Land Company brokered the sale of a 163-acre land parcel in Tampa at 2998 North 62nd Street. The property was sold for $5,093,464.
Summary of transation details
- Property Type: Land
- Transaction Amount: $5,093,464
- Address: 2998 North 62nd Street
- Market: Tampa
- Acres: 163
The transaction was facilitated by brokers Ryan Sampson and William Eshenbaugh from Eshenbaugh Land Company.
Players
Tampa Land Market Snapshot
Boundary boundary · Land · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93