Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1850 A.W Grimes Blvd Round Rock, TX

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space available at a signalized intersection in Round Rock.

    Property size:
    3,535 SF
    Lot size:
    2.02 Acres

    Property Features for 1850 A.W Grimes Blvd

    General Information

    Size
    3,535 SF
    Lot size
    2.02 Acres

    We can help!

    Listing Contact
    Sarah Gregorcyk
    Sarah Gregorcyk
    Source: Moodyscre

    Listing Agent: Sarah Gregorcyk

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

    Learn more

    Overview

    Retail Space in Round Rock

    This retail space is situated at the signalized intersection of A.W. Grimes Blvd and Gattis School Road, which are primary north-south and east-west corridors in Round Rock. The location provides excellent access to both Interstate 35 and Texas State Highway 45. The property is shadow anchored by Randalls and is in close proximity to Dell Technologies Headquarters and Apple’s Austin Campus. The property size is 3535 square feet.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    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
    Round Rock
    County
    Williamson
    State
    Texas
    Longitude
    -97.6602365
    Latitude
    30.5041381

    Nearby Similar for Lease

    • $32 SF/Yr
      2,885 SF

      Flexible Space in Round Rock

      Adaptable space suitable for office or retail in growing Round Rock.
      1307 Chisholm Trl, Round Rock, TX 78681
      View Details
    • Contact for pricing
      58,415 SF

      New Class A Industrial Space

      New industrial development in Round Rock, ideal for warehouse/distribution.
      350 Texas Ave, Round Rock, TX 78664
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space in La Frontera Village

      Retail space available in a high-traffic shopping center.
      220 Sundance Pkwy, Round Rock, TX 78681
      View Details
    • Contact for pricing
      176,534 SF

      Class A Industrial Development

      Class A industrial development with SH-45 direct access in Round Rock.
      2700 Louis Henna Blvd, Round Rock, TX 78664
      View Details
    • Contact for pricing
      3,800 SF

      Retail Space in La Frontera

      Prime retail opportunity in Round Rock's La Frontera Village.
      200 Sundance Pkwy, Round Rock, TX 78681
      View Details
    • $18 SF/Yr
      10,000 SF

      Lake Creek Crossing Retail Spaces

      Thriving retail center with multiple spaces available.
      1205 Round Rock Ave, Round Rock, TX 78681
      View Details
    • Contact for pricing
      70,301 SF

      New Class A Industrial Development

      New industrial development in Round Rock with I-35 access.
      350 Texas Ave, Round Rock, TX 78664
      View Details
    • Contact for pricing
      11,254 SF

      Regional Shopping Center in Round Rock

      High-traffic shopping center near Austin with strong tenant lineup.
      120 Sundance Pkwy, Round Rock, TX 78681
      View Details
    • $3,174 /Mo

      Prime Round Rock Medical Office

      Second generation medical office space for lease in Round Rock.
      7700 Cat Hollow Dr, Round Rock, TX 78681
      View Details
    • Contact for pricing
      5,031 SF

      Round Rock Cold Storage Warehouse

      5,031 SF Warehouse For Lease in TX
      802 Brandi Ln, Round Rock, TX 78681
      View Details
    • $17 SF/Yr
      21,000 SF

      Round Rock Flex Space Available

      21,000 SF Flex Warehouse, Office Space
      1050 Meadows Dr, Round Rock, TX 78681
      View Details
    • Contact for pricing
      16,800 SF

      Shops at University Heights

      Prime Williamson County Retail Space
      0 Nec Cor Of University Blvd & CR 110, Round Rock, TX 78665
      View Details

    FAQs

    What type of property is this?
    Strip mall - Retail space available at a signalized intersection in Round Rock.
    Where is this strip mall located?
    The property is located at 1850 A.W Grimes Blvd Round Rock, TX.
    What are key features of this property?
    This property features: - Signalized intersection of A.W. Grimes Blvd and Gattis School Road (primary corridors); - Excellent access to Interstate 35 and Texas State Highway 45; - Shadow anchored by Randalls
    (512) 482-0094
    Request Owner's contact information
    1850 A.W Grimes Blvd Round Rock, TX
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1850 A.W Grimes Blvd
    Round Rock, TX
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1850 A.W Grimes Blvd Round Rock, TX
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Sarah Gregorcyk
    Sarah Gregorcyk
    (512) 482-0094
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.