15524 N Interstate 35

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15524 N Interstate 35

Austin, TX 78728
Asking Price
$3.20M
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 2.398 acres <ul><li>​±2.3979 Acres</li><li>​Southbound Interstate 35 Frontage</li><li>​Approximately 175,000 vehicles per day on IH-35</li><li>​Approximately 25,000 vehicles per day on the southbound frontage road</li><li>​Approximately 7,500 vehicles per day exiting IH-35 at Wells Branch immediately north of the property</li><li>​Excellent visibility from both the interstate and frontage road</li><li>​Minutes from Tech Ridge, Wells Branch, SH-45, Parmer Lane, and major employment centers</li><li>​Located w

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NOI
$80,000
Cap Rate
2.50%
DSCR
0.42
Underwater
Cash-on-Cash
-11.46%
Monthly Payment
$15,831.854
Annual Cash Flow
$-109,982.248

Location & Travel Times