For Sale
$2,900,000

4402 Brandt Rd Austin, TX 78744

6.47-Acre Multi-Use Property, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
137
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.

Highlights

  • 6.47-acre mixed-use property in Austin, TX (78744) at 4402 Brandt Rd.
  • 11,250 SF rentable space across four buildings (built 2001), currently operating as an event venue with bar, generating $30,000 monthly income.
  • Asking price: $2,900,000 ($257.78/SF, 8.00% cap rate, $240,000 NOI).
  • Two parcels (4402 & 4404 Brandt Rd), 5.00 parking ratio.
  • Unzoned, no deed restrictions, outside Austin ETJ; Seller financing & post-sale consulting possible.

Property Details for 4402 Brandt Rd

Property type
Retail properties, Mixed-use properties
Square Feet
11,250 SF
Year Built
2001
Buildings
4
Lot Size (sq. ft)
281,833 SF

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.160631
Longitude
-97.77388

FAQs

What type of property is this?
Retail property - 6.47-Acre Multi-Use Property, High NOI
Where is the retail property located?
The property is located at 4402 Brandt Rd Austin, TX.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 6.47-acre mixed-use property in Austin, TX (78744) at 4402 Brandt Rd.; 11,250 SF rentable space across four buildings (built 2001), currently operating as an event venue with bar, generating $30,000 monthly income.; Asking price: $2,900,000 ($257.78/SF, 8.00% cap rate, $240,000 NOI).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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4402 Brandt Rd
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