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3509 Rogge Lane
Austin, TX 78723
Asking Price
$3.30M
Asset Type
Commercial Land
Class
Class B
What's Special
3509 Rogge Lane, Austin, TX 78723 <ul><li>A 2.76 acre redevelopment opportunity in east Austin, Texas.</li><li>The property is prominently located near the southwest intersection of Springdale Rd and Rogge Ln, just outside of the Mueller neighborhood.</li><li>The property offers level grading with a favorable layout prime for redevelopment.</li><li>Rare opportunity for scale within this submarket.</li><li>The by-right zoning allows for a versatile mix of residential and commercial uses, with preliminary site analysis indica
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NOI
$80,000
Cap Rate
2.42%
DSCR
0.41
Underwater
Cash-on-Cash
-11.71%
Monthly Payment
$16,326.599
Annual Cash Flow
$-115,919.193
