SOLDDevelopment Site
Huntley Grichor Of Red Key Properties Represents Buyer In Navasota Development Site Sale
County Road 306
Building Size
19,384,200 SF
Asset Type
Development Site
Closing
Nov 18, 2025
AI
The transaction involves a development site located at 0 County Road 306 & Hwy 249 in the Navasota market. The asset encompasses 445 acres.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: Not specified
- Address: 0 County Road 306 & Hwy 249
- Market: Navasota
- Acres: 445
- Buyer's Representative: Huntley Grichor - Red Key Properties
Huntley Grichor from Red Key Properties represents the buyer in this transaction involving the development site. No additional representatives were mentioned in the context of this deal.
Players
Franklin 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