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Us Route 377

Updated Jan 15, 2026

Vanguard Real Estate Advisors Represents Seller In 34 Acre Development Site Sale In Pilot Point
SOLDDevelopment Site

Vanguard Real Estate Advisors Represents Seller In 34 Acre Development Site Sale In Pilot Point

Us Route 377

Building Size

34 SF

Asset Type

Development Site

Closing

Jan 4, 2026

About this deal

AI

A 34+/- acre commercial development site has been sold along US Route 377 in Pilot Point, Texas. This transaction was facilitated by Vanguard Real Estate Advisors, who represented the Seller in this deal.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: Not specified
  • Address: US Route 377
  • Market: Pilot Point
  • Asset Size: 34 acres
  • Brokerage Firm: Vanguard Real Estate Advisors
  • Brokers Involved: Jordan Cortez, Mason John, & Will Droese

Vanguard Real Estate Advisors, headquartered in Dallas, is noted for providing a comprehensive array of real estate advisory and transactional services, including Investment Sales, Joint Venture Equity Placement, Structured Finance, and Asset Management across various asset classes. The firm plays a significant role in facilitating such transactions throughout the United States.

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Players

Jordan Cortez

Vanguard Real Estate Advisors

Broker

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Pilot Point 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

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