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Versatile Commercial Property in Leander

3364 N Bagdad RD, Leander, TX 78641

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For Sale

$3,200,000

Prime commercial property suitable for various business uses.

Type:Commercial/Industrial

Property size:

13,200 SF

Lot size:

4.52 Acres

Price / SF:

$242/SF

HighLights

Prime location in Leander, TX, one of the fastest‑growing cities in America.
Versatile commercial property suitable for commercial, light industrial, or flex use.
Three metal warehouse buildings totaling 13,200 sqft on +/- 4 acres.
Existing park‑n‑go business operations included, generating additional annual income.
Ample parking and 18‑wheeler access with turnaround capabilities.
Essential utilities on‑site, including electricity, water, and septic system; city water/sewer and three‑phase electricity available at the street.

We can help!

Listing Contact

John Mallach

For Sale

$3,200,000

Prime commercial property suitable for various business uses.

Type:Commercial/Industrial

Property size:

13,200 SF

Lot size:

4.52 Acres

Price / SF:

$242/SF

Added:: Jun 14, 2024
Days on Market:: 739
Last Refresh:: May 19 at 9:40 pm

Property Features for 3364 N Bagdad RD

General Information

Standard status: Active
Size: 13,200 SF
Lot size: 4.52 Acres
Property subtype: Commercial/Industrial

Building Details

Year Built: 2012

We can help!

Listing Contact

John Mallach

Listing agent John Mallach License #0568197

Listing office Mallach and Company

Listing date Jun 14, 2024

Source Exitrealty

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

All listing content including descriptions, pricing, images are the copyrighted material of Mallach and Company

HighLights

Prime location in Leander, TX, one of the fastest‑growing cities in America.
Versatile commercial property suitable for commercial, light industrial, or flex use.
Three metal warehouse buildings totaling 13,200 sqft on +/- 4 acres.
Existing park‑n‑go business operations included, generating additional annual income.
Ample parking and 18‑wheeler access with turnaround capabilities.
Essential utilities on‑site, including electricity, water, and septic system; city water/sewer and three‑phase electricity available at the street.

Overview

This commercial property is located in Leander, TX. The property is suitable for commercial, light industrial, or flex use. The site spans approximately 4 acres and fronts N Bagdad Rd. There are three metal warehouse buildings totaling 13,200 sqft. Two buildings are occupied by tenants. The third building offers 5,000 sqft and is in shell condition. The property includes electricity, water, and a septic system. City water/sewer and three-phase electricity are available at the street. The property features three large metal buildings with large bay doors and high ceilings. Ample parking is available. The property also offers 18-wheeler access and turnaround capabilities. An existing park-n-go business operation is included, generating additional annual income.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$343.7k	$26.04
− Vacancy	−$11.7k	−$0.89
EGI	$332.0k	$25.15
− OpEx	−$99.6k	−$7.55
NOI	$232.4k	$17.61

13,200 SF · lease $26.04/SF/yr · vacancy 3.40% · expense 30.00%

Alternative Uses

Best Use

Retail

$3.32M

$2.91M – $3.87M (±1% cap)

NOI $232,429 @ 7.0% cap · market cap 7.26%

Second Best

Warehouse

$1.90M

$1.66M – $2.21M (±1% cap)

NOI $132,895 @ 7.0% cap · market cap 4.15%

Theoretical Best

Office A

$5.52M

$4.83M – $6.44M (±1% cap)

NOI $386,255 @ 7.0% cap · market cap 12.07%

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

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Location Insight

Map
Local Demand

City: Leander
County: Travis
State: Texas
Longitude: -97.8474
Latitude: 30.537

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For sale
Flex space
TX
Leander
78641
3364 N Bagdad RD

What type of property is this?

Flex space - Prime commercial property suitable for various business uses.

Where is this flex space located?

The property is located at 3364 N Bagdad RD Leander, TX.

What is the asking price?

The asking price for this property is $3,200,000.

What are key features of this property?

This property features: Prime location in Leander, TX, one of the fastest‑growing cities in America.; Versatile commercial property suitable for commercial, light industrial, or flex use.; Three metal warehouse buildings totaling 13,200 sqft on +/- 4 acres.