4402 Brandt Rd Austin, TX 78744

Property Details for 4402 Brandt Rd

Year built

2001

Construction

WOOD FRAME

Lot size

5.54 lot acres

Property size

11,250 SF

Property type

Bars

APN

439080706

APU

439080706

Description

This exceptional 6.47-acre mixed-use property in Austin, Texas, presents a compelling investment opportunity. Located at 4402 Brandt Rd, 78744, this property encompasses 11,250 square feet of rentable space distributed across four buildings, built in 2001. Currently configured as an event venue with a bar, generating a consistent monthly income of $30,000, the property offers significant upside potential with strategic improvements. The asking price is $2,900,000, representing a compelling $257.78 per square foot and an 8.00% cap rate with a current NOI of $240,000. The land value alone is estimated at $523,465.70 per acre. The property consists of two parcels (4402 and 4404 Brandt Rd) and features a 5.00 parking ratio. While a portion of the land is situated within a floodplain, the main event space building is not affected. A house on the property, which experienced flooding, is likely slated for demolition. The property is unzoned and free of deed restrictions, located outside of Austin's extraterritorial jurisdiction (ETJ), offering flexibility for diverse business ventures. Potential buyers are encouraged to conduct their own due diligence regarding their specific business type and zoning requirements. Further financial details are available upon request with a signed NDA. The seller is open to partial owner financing and may consider consulting for up to 12 months post-sale.