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8408 North Interstate Highway 35
Austin, TX 78753
Asking Price
Contact for price
Asset Type
School Special-purpose
Class
Class B
What's Special
±2.58 AC development opportunity with rare IH-35 frontage in North Austin <p><span style="color: rgba(0, 0, 0, 1)">±2.58 AC development opportunity with rare IH-35 frontage in North Austin</span></p><p></p><p><span style="color: rgba(0, 0, 0, 1)">±200,000 VPD along IH-35 with direct visibility from main lanes & frontage road</span></p><p></p><p><span style="color: rgba(0, 0, 0, 1)">Existing school improvements provide flexible redevelopment potential</span></p><p></p>
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
