Meta Realty
Listed by Meta Realty
$2,250,000
Warehouse and Storage Yard
Details
APN 04390807060000
Property Type Land, Mixed Use
Sub Type Commercial
Square Footage 11,250
Net Rentable (SqFt) 11,250
Cap Rate 8.00%
NOI $240,000
Tenancy Vacant
Price per SqFt $258
Price Per Acre $523,466
Year Built 2001
Buildings 4
Acreage 6.470
Zoning NONE
Land | 6.47 acres
Marketing description
Property Consists of 2 Parcels: 4402 and 4404 Brandt Rd Totaling 6.47 Acres. Property is Partially Located in Flood Plain, However Nightclub/bar Building is Not. Buyer to Do Their Research Regarding Their Business Type. Currently Operated as an Event Rental Space With Bar. Business Consistently Brings in $30k Per Month in Income. Could Be Increased With Some Improvements. Home on the Front of the Property That Did Flood, Which is Likely a Teardown. Unzoned and No Deed Restrictions. Outside of Austin ETJ. Amazing Opportunity for Many Types of Businesses. Prospect May Inquire About Current Financials With Signed NDA. Possible Partial Owner Financing With the Right Deal.
Investment highlights
- Parking Ratio: 5.00
Listing Contacts
Meta Realty
Listed by Meta Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$240,000.00
$20,000.00/mo
Valuation Metrics
0
DSCR
10.67%
Cap Rate
10.67%
ROI
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