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15410 Telge Road

Alleyton Resource Company Sells 7.16 Acres Of Land At 15410 Telge Road Cypress
SOLDLand

Alleyton Resource Company Sells 7.16 Acres Of Land At 15410 Telge Road Cypress

15410 Telge Road

Building Size

Asset Type

Land

Closing

Aug 23, 2024

AI

The transaction involved a ±7.16-acre land parcel located at 15410 Telge Road in Cypress, Texas. The property is situated in an area known for its strong market fundamentals and high demand, particularly in the Northwest Highway 6 industrial submarket.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: Not disclosed
  • Acres: 7.16
  • Address: 15410 Telge Road
  • Market: Cypress
  • Seller: Alleyton Resource Company
  • Broker: Barkley Peschel - Colliers

Colliers facilitated the transaction, acting on behalf of the seller Alleyton Resource Company. The deal highlights the strong market activity in the Cypress area, characterized by a healthy demand for land assets.

Players

Barkley Peschel

Colliers

Broker

12 deals

Broker

Cypress Land Market Snapshot

Boundary boundary · Land · 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