4402 Brandt RdAustin, TX 78744

  • Bars
  • 11,250 SF
For Sale
$2,900,000 View listing

Property Details for 4402 Brandt Rd

Year built
2001
Construction
WOOD FRAME
Lot size
5.54 AC
Property size (Sq ft)
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,077,450
    6.5%
    $3,763,800
    7%
    $3,494,960
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,502,860
    Geo Method
    $3,502,860
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $7,249,250
    Mixed-Use / Specialty
    $3,786,960
    Hospitality / Lodging
    $2,826,000
    Office
    $3,802,570
    Institutional / Educational
    $3,949,990
    Residential Income
    $4,621,490
    Multifamily
    $5,339,960
    Automotive / Energy
    $3,385,710
    Parking / Income-Based Land
    $1,132,220
    Restaurant / Food Service
    $2,047,700
    Healthcare / Senior Housing
    $3,845,950

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.1606
Longitude
-97.7739
CBSA code
12420
CBSA name
AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
-
$180,992
$997,790
$1,178,782
-
$180,992
$997,790
$1,178,782

FAQs

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