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
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.
Players
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