Updated Jan 30, 2026
Vanguard Real Estate Advisors Represents Seller In Closing 14.24 Acre Development Site In Aubrey
9950 377
Building Size
14 SF
Asset Type
Development Site
Closing
Jan 20, 2026
About this deal
AI
The transaction involved a 14.24 acre development site located at the southeast corner of US-377 and Friendship Road in the Aubrey ETJ. The property is characterized as a development site and is situated within a growing market area, enhancing its potential for future projects.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: Not specified
- Acres: 14.24
- Address: 9950 Highway 377
- Market: Aubrey
- Brokers: Jordan Cortez, Haley Birmingham, & Reid Pierce - Vanguard Real Estate Advisors
Vanguard Real Estate Advisors represented the Seller in this transaction, showcasing their expertise in real estate advisory services. Jordan Cortez, Haley Birmingham, and Reid Pierce are key individuals involved in the deal, offering their services through Vanguard, which is noted for its comprehensive real estate advisory offerings across various asset classes.
On the Map
Development Site
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Pilot Point Development Site Market Snapshot
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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