Either way I still want to get the numbers right so this is what I got:6 1/1 units @ $600/m each so  $3600/m altogether and $43,200/yr grossCost5% vacancy= $180 building sits on a busy road and close to a busy intersection. 6%repairs= $2164% Capex= $144Taxes= $263.35/m $901.98/q $3,160/yrmanagement @ 10%= $360/mwater= $450/mInsurance= $60/mtotal expenses= $1,313.35/m $1,5760.20/yrNOI= $2,286.65/m $27,439.80/yrPrice= 245kWhich would put me at a 11% cap rate.

I drive a 5 mile stretch of Troost every day to and from work and pass through the intersection at 31st multiple times each day.

The major factors are: The number of intersecting slopes (fewer=cheaper).

The house is unfortunately in a T intersection, the dining within the house is on left side and exactly facing the road of the "T".

We want to purchase to make a tire barn for its busy location & no Tire shop but one town south & there's a intersection that connects 3+ towns great for business we have a gentleman in Oklahoma city selling me everything he's got for $6K.

I used to call that intersection the "Axis of Evil"

There can be no intersection between the two, however.  

There are multiple options available that you may not be aware about, so I would give a professional a chance to educate you before you decide to form one.Jon has an office on Cumberland Boulevard right where 75 intersects 285 at the perimeter.Let me know if you would like more information to get in contact with him!

And with that sort of unit, your financing (and resale) options will be limited; conventional lenders usually won't lend on these types of units, so you might only be able to finance long term with a portfolio lender .One thing to also consider, is that in some of those neighborhoods, places with first floor being non-residential are located on the street corner of an intersection.

I'd like to see how this one turns out.Me personally if I was loaded I wouldn't care if my house was overvalued for the neighborhood, as long as it didn't stand out as some kind of ostentatious castle or something like that next to smaller houses (standing out = a big no no for me).But I wouldn't want to be near an intersection if I could help it.