For Sale · Land

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

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

$234,000 total

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Asset Class

Land

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

94%

Lot Size

1.55 ac

About this property

Beautiful parcel featuring mostly flat to gently sloping cultivated land, 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, open space, 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$234K
Down payment30% · $70K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$12K

Annual cash flow

$-1K

Cash-on-cash

-1.93%

DSCR

0.90

Going-in cap

4.96%

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

122,020

Households

47,238

Median income

$96,000

Median age

42.1

Daytime population

176,630

5-yr growth

2.1%

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

Secure deal room

Confidential diligence documents for Lot 2, Block 1, Site 2 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.