Brett Paul Acquires Development Site From Nick Giannini In Deer Park For $2 Million
SOLD
$2,000,000
Illinois
See Similar DealsDevelopment Site261,360 SF
Sold
SOLD
Brett Paul Acquires Development Site From Nick Giannini In Deer Park For $2 Million
20350 Rand Road
See Similar DealsDevelopment Site261,360 SF
Sold
Summary
ILLINOIS
Asset Type:Development Site
Price Per Square Foot:$7
Total Square Footage:261360 SF
Transaction Type:Sale
This transaction involved a development site located at 20350 Rand Road in the Deer Park market. The sale price was $2,000,000 with a building square footage (BSF) of 261,360, resulting in a price per building square foot (PPBSF) of $7.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $2,000,000
- Building Square Footage: 261,360
- Price Per Building Square Foot: $7
- Buyer: Brett Paul
- Seller: Nick Giannini
- Broker: Sean Dailey - Homesmart Connect
Key individuals involved in this transaction include Brett Paul as the buyer and Nick Giannini as the seller. The broker representing the transaction is Sean Dailey from Homesmart Connect.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$106,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,105.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,481.02
Annual Debt Service$113,772.24
Is there something missing? Send suggestions