E 51st Street & Berkman Drive

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E 51st Street & Berkman Drive

Austin, TX 78723
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

What's Special

Land <ul><li>​1.75 - 5.3 Acres of development land in the heart of the Mueller Master Development</li><li>​Approximately 110,000 - 380,000 SF of commercial development opportunity within the site</li><li>​Entitlements in place</li><li>​Close walking distance to countless retailers, restaurants, coffee shops, parks and much more</li><li>​Parking: Structured parking. The Mueller PUD provides for 2/1,000 for parking, but the market/end user may dictate the size of the garage.</li></ul>

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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

Location & Travel Times