Tract 3 Hwy 155
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 16, 2026 | In contract | - | |
| In contract | |||
| Jun 16, 2026 | Price Decreased |
$549,999
↓ $5M
(89.8%) | |
| Price Decreased | |||
| Sep 2, 2025 | No longer available | - | |
| No longer available | |||
| Mar 26, 2025 | Listed by One Rock | $5,400,000 | |
| Listed by One Rock | |||
| | |||
|
Prime 24.8-Acre Commercial Tract with Exceptional Visibility
Seize this outstanding commercial opportunity at the Northeast corner of HWY 155 and Loop 49—a premier location with high visibility and significant daily traffic counts. This 24.8-acre tract boasts approximately:
• 1,000 feet of road frontage on HWY 155
• 1,300 feet of road frontage on Loop 49
• 500 feet of road frontage on Old Noonday Road
Positioned along a major thoroughfare, this property offers excellent accessibility, making it ideal for retail, mixed-use development, industrial, or investment purposes. The high-traffic intersection ensures strong exposure, and the strategic location enhances its long-term value.
Don't miss this exceptional commercial development opportunity!
| |||
| Aug 16, 2024 | Listed by RE/MAX Benchmark | $583,333 | |
| Listed by RE/MAX Benchmark | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017