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    11880 Hero Way W Leander, TX 78641

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    For Lease
    Contact for pricing

    Retail space in Leander, near major retail and transportation.

    Property size:
    12,000 SF
    Lot size:
    16.45 Acres

    Property Features for 11880 Hero Way W

    General Information

    Size
    12,000 SF
    Lot size
    16.45 Acres

    Source: RESOLUT RE - Austin Agent Austin Aguilar

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near HEB Plus

    Located on a retail corridor in Leander, the property is situated near HEB Plus, the 3rd largest HEB store in Texas. The location benefits from an annual household growth projected at 5.6% from 2022 to 2027 within a 5-mile radius. The complex is easily accessible and is located 3 miles from Toll Road 183A. Leander is experiencing rapid growth, identified as the fastest-growing city (over 50,000) in the country with a growth rate of over 11%, equating to approximately 16 people per day. The property offers 12,000 square feet of space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Summit Jewelers Leander Jewelry Store Farmers Insurance - Judy ... Insurance Agency The Skate Gym Gym Porch Light Studio Video Production Service Saccone's Pizza & Subs Pizza Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Leander
    County
    Travis
    State
    Texas
    Longitude
    -97.8699075
    Latitude
    30.5783701

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    FAQs

    What type of property is this?
    Specialty property - Retail space in Leander, near major retail and transportation.
    Where is this specialty property located?
    The property is located at 11880 Hero Way W Leander, TX.
    What are key features of this property?
    This property features: - Located near HEB Plus, the 3rd largest HEB store in Texas.; - Leander is the fastest-growing city in the country (over 50,000 residents).; - Projected annual household growth of 5.6% (2022-2027) within a 5-mile radius.
    (512) 474-5557
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    11880 Hero Way W Leander, TX 78641
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    Leander, TX 78641
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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
    11880 Hero Way W Leander, TX 78641
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