For Sale · Land

Lot 11, Block 2, Site 17 Eagle Height Phase 1, Corman Park Rm No. 344

Lot 11, Block 2, Site 17 Eagle Height Phase 1, Corman Park Rm No. 344, SK

$269,000 total

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Asset Class

Land

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

82%

Lot Size

2.69 ac

About this property

Beautiful parcel featuring mostly flat to gently sloping - has potential for a walk-out, offering excellent usability and versatility. Located in a quiet, peaceful setting, this property provides the perfect balance of country living and convenience. Enjoy the privacy, and relaxed rural atmosphere while still being just a short drive from the city—close enough for easy access to amenities, yet far enough away to truly enjoy the tranquility of acreage living. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$269K
Down payment30% · $81K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$12K

Annual cash flow

$-3K

Cash-on-cash

-3.90%

DSCR

0.79

Going-in cap

4.37%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

42,434

Households

18,672

Median income

$101,000

Median age

44.8

Daytime population

70,539

5-yr growth

6.8%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for Lot 11, Block 2, Site 17 Eagle Height Phase 1, Corman Park Rm No. 344.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.