Pre-Construction Warehouse
For Sale
Contact for pricing
1304 Leander Drive #220, Leander, TX 78641
Proposed space is part of a multi-phase commercial development with earlier buildings completed or under construction.
Property Size6,600 SF
Price / SF$0.38
Days on Market44
Property Features for 1304 Leander Drive #220
General Information
Standard status
Active
Size
6,600 SF
Property subtype
Warehouse
Additional Details
Property Use
Warehouse
Building Details
Year Built
2026
Listing Agency:
Prem D Nasta, Broker
(512) 577-9400
Listed By:
Amit Shanghvi
(512) 915-9798
Source:
Hoydenhomes
Added: Sep 17
Changed: Oct 28
Last Checked: Oct 28 at 9:46AM
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 Prem D Nasta, Broker
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A warehouse condominium is planned as part of Phase 3 at 1304 Leander Drive in Leander. The proposed space is in Buildings 3 and 4, which remain undeveloped; final plans, specifications, and delivery timing are subject to construction and development decisions.
The developer projects a Phase 3 groundbreaking between December 2026 and January 2027. Buildings 1 and 6 have been delivered, while Buildings 2 and 5 are under construction and sold out.
The developer projects a Phase 3 groundbreaking between December 2026 and January 2027. Buildings 1 and 6 have been delivered, while Buildings 2 and 5 are under construction and sold out.
Key Highlights
- Proposed warehouse condominium space at 1304 Leander Drive, Leander, TX 78641
- Phase 3 includes proposed units in Buildings 3 and 4
- Developer anticipates breaking ground between December 2026 and January 2027
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,448
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,328,960
$1.3M
Cap Rate 7%
$949,257
$949.3K
Cap Rate 9%
$738,311
$738.3K
Market Conditions
NOI Build-Up for 6,600 SF
Gross rent
$98.2K $14.88/SF
− Vacancy
−$20.0K −$3.04/SF
EGI
$78.2K $11.84/SF
− OpEx
−$11.7K −$1.78/SF
NOI
$66.4K $10.07/SF
Area
Williamson County, TX
Vacancy
20.40%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,328,960
Cap Rate 7%
$949,257
Cap Rate 9%
$738,311
Alternative Uses
Best Use
Warehouse
$949.3K
$830.6K – $1.11M
NOI $66,448 @ 7.0% cap · market cap 2,684.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.76M
$2.41M – $3.22M
NOI $193,128 @ 7.0% cap · market cap 7,803.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
481
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78641, TX
83,426
Population
33,118
Households
2.5
Avg Household Size
36
Median Age
51%
College-Educated
95%
High-School Grad
124.4 sq mi
ZIP Area
671
Density / Sq Mi
$131,421
Median Household Income
$61,185
Median Earnings
$1,873
Median Rent
$453,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- 183 Storage — 1905 S Hwy 183, Leander, TX 78641
- Extra Space Storage — 10201 E Crystal Falls Pkwy, Leander, TX 78641
- College Hunks Moving Leander — 1000 S W Dr, Leander, TX 78641
- Public Storage — 140 East Sonny Drive, Leander, TX 78641
- New Mini Storage — 401 Horseshoe Dr, Leander, TX 78641
Frequently Asked Questions
What type of property is this?
Warehouse - Proposed space is part of a multi-phase commercial development with earlier buildings completed or under construction.
Where is this warehouse located?
The property is located at 1304 Leander Drive #220 Leander, TX.
What are key features of this property?
This property features: Proposed warehouse condominium space at 1304 Leander Drive, Leander, TX 78641; Phase 3 includes proposed units in Buildings 3 and 4; Developer anticipates breaking ground between December 2026 and January 2027
