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    1345 Hwy 183 Leander, TX 78641

    Sponsored
    Source: https://asterra.com
    For Sale
    $520,000

    Prime 7.94-acre retail site, shovel-ready.

    Property size:
    66,100 SF

    Description

    Added:
    Mar 26, 2025
    Days on Market:
    287
    This exceptional 7.94-acre development opportunity is located at 1345 Hwy 183 in Leander, TX, 78641. The site boasts 66,100 square feet of buildable space and is conveniently situated within a thriving retail center. Utilities and parking are already in place, making this a truly shovel-ready project. The property benefits from high visibility and significant traffic flow due to its location on Highway 183, a major thoroughfare. Neighboring businesses include Lowe's, Goodwill, Planet Fitness, Kohl's, Petco, and Chick-fil-A, among others, ensuring a strong retail environment. The site is ideally suited for retail or commercial development and offers immediate access to a robust market within the rapidly expanding Leander area. This prime location, combined with its existing infrastructure and the surrounding growth, presents a significant opportunity for high investment return and business success. The property is priced at $520,000.

    Property Features for 1345 Hwy 183

    General Information

    Property type
    Other retail properties
    Square Feet
    66,100 SF
    Price / Square Foot
    $7
    Total Parking Spaces
    240
    Elevators
    N/A
    Net Rentable
    66,100 SF
    Lot Size
    345,866 SF

    Building Details

    Buildings
    3
    Stories
    1

    HighLights

    • 7.94‑acre shovel‑ready site in Leander, TX, ready for immediate development.
    • 66,100 square feet of buildable space with utilities and parking already installed.
    • Prime Highway 183 location in a thriving retail center with high traffic and visibility.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Building Supply Nail Salon Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Leander
    State
    Texas
    Longitude
    -97.847472
    Latitude
    30.561062

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    FAQs

    What type of property is this?
    Other retail property - Prime 7.94-acre retail site, shovel-ready.
    Where is this other retail property located?
    The property is located at 1345 Hwy 183 Leander, TX.
    What is the asking price?
    The asking price for this property is $520,000.
    What are key features of this property?
    This property features: 7.94-acre shovel-ready site in Leander, TX, ready for immediate development.; 66,100 square feet of buildable space with utilities and parking already installed.; Prime Highway 183 location in a thriving retail center with high traffic and visibility.
    (210) 286-7705
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1345 Hwy 183 Leander, TX 78641
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