Updated Dec 21, 2023
Brookshire Development Site Sold On FM 529 In 212.78-Acre Deal
0 Fm 529, Brookshire, TX 77423
Building Size
—
Asset Type
Development Site
Closing
Jun 5, 2022
About this deal
AI
A 212.78 acre development site located at 0 FM 529 in Brookshire, Texas has been sold. The transaction was facilitated by Will Florence of Marcus & Millichap, who represented the buyer in the deal.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: Not specified
- Address: 0 FM 529, Brookshire, Texas
- Market: Brookshire
- Size: 212.78 acres
No additional information regarding the sale price or specific buyer details are available at this time.
Traded’s record for 0 Fm 529, Brookshire, TX 77423 in Brookshire, Texas covers a development site sale from 2022. 0 Fm 529, Brookshire, TX 77423 is classified as Development Site on Traded. Will Florence, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Brookshire, Texas file for the 0 Fm 529, Brookshire, TX 77423 development site sold: pricing, party profiles, and other closed development site comps from the same Brookshire sit in the Market section below. Filter that Brookshire development site set by closing date to see what else sold near 0 Fm 529, Brookshire, TX 77423 around 2022. Cite this Brookshire Development Site Sold On FM 529 In 212.78-Acre Deal sale when underwriting similar development site product around Brookshire, Texas.
Players
Brookshire Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93