Pilot Travel Centers LLC Acquires 10 Acre Development Site In Eagle Pass From Empire Industrial Park LLC
4338 El Indio Highway
Building Size
—
Asset Type
Development Site
Closing
Mar 6, 2025
AI
A 10-acre development site located at 4338 El Indio Highway in Eagle Pass, TX, has been sold. The asset involved in this transaction is suitable for industrial purposes.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: Not disclosed
- Address: 4338 El Indio Highway
- Market: Eagle Pass
- Acres: 10
- Buyer: Pilot Travel Centers LLC
- Seller: Empire Industrial Park LLC
- Buyer's Rep: P.W. Ellis
- Seller's Rep: Enrique Volkmer - Lee & Associates
The sale was brokered by Lee & Associates, with Enrique Volkmer representing the seller, Empire Industrial Park LLC, and P.W. Ellis representing the buyer, Pilot Travel Centers LLC, which plans to build a truck stop on the site.
Players
Eagle Pass 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