6243 OLD PASCO ROAD
About This Property
Fully permitted and shovel-ready outparcels located adjacent to a 379-lot subdivision. This property is entitled for Professional Office 1 and 2 uses, including office and medical facilities. Formerly the Quail Hollow Golf Course, individual pads are priced at $125.00 an entitled sq. ft.
Pad B1 - 3500 Sq ft Building Pad $450,000 (Sold)
Pad B2 3500 Sq Ft Building Pad $450,000 (Sold)
Pad B3 7,780 Sq Ft Building Pad $972,500-Available
Pad B4 13,720 Sq Ft Building Pad $1,715,000-Available
Pad B5 10,0000 Sq Ft Building Pad $ 1,250,000
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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%.
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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 |
|---|---|---|---|
| Oct 30, 2025 | Listed by COASTAL BROKERAGE & INVESTMENT | $1,750,000 | |
| Listed by COASTAL BROKERAGE & INVESTMENT | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017