For Sale · Land

Lot 6, Block 2, Site 12 Eagle Heights Phase 1, Corman Park Rm No. 344

Lot 6, Block 2, Site 12 Eagle Heights Phase 1, Corman Park Rm No. 344, SK

$380,000 total

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Asset Class

Land

Size

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Building class

B

Zoning

AG — Agricultural

$ / SF

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Occupancy

94%

Lot Size

5.02 ac

About this property

Exceptional opportunity to build your dream home on this beautifully situated lot backing onto a peaceful pond and natural green space. The property offers excellent potential for a walkout design, allowing you to take full advantage of the stunning views and tranquil natural surroundings. Enjoy added privacy with picturesque views of nature right from your future backyard. Call your agent today before it's gone! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$380K
Down payment30% · $114K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$19K

Annual cash flow

$-2K

Cash-on-cash

-1.37%

DSCR

0.93

Going-in cap

5.13%

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

87,863

Households

31,208

Median income

$107,500

Median age

44.7

Daytime population

127,380

5-yr growth

3.3%

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

Secure deal room

Confidential diligence documents for Lot 6, Block 2, Site 12 Eagle Heights 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.