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Mixed-Use Property with Restaurant Patio
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14050 Ronald W Reagan Boulevard, Leander, TX 78641

Planned Buildings E and F offer hospitality and indoor recreation space, with the option to lease both as one concept.

Property Size11,014 SF
Price / SF$0.00
Days on Market63

Property Features for 14050 Ronald W Reagan Boulevard

General Information

Standard status Active
Size 11,014 SF
Property subtype MixedUse

Additional Details

Highway Access Yes

Building Details

Year Built 2026
Listing Agency: LPT Realty, LLC
Listed By: Daniel Ajwani · License #0795280
Source: Hoydenhomes
Added: Aug 29 Changed: Oct 29 Last Checked: Oct 28 at 3:21PM

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 LPT Realty, LLC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Reagan Square is a planned mixed-use commercial development at 14050 Ronald W. Reagan Boulevard. Building E is designed for restaurant or hospitality use and includes a patio; Building F is configured for indoor sports and recreation. The two buildings may be leased together or separately, supporting a combined dining and recreation concept. Final construction details remain subject to change, with completion anticipated by the end of October 2026.

The property is near the intersection of Ronald Reagan Boulevard and New Hope Drive, with access to US-183 and I-35. Planned development amenities include dining, retail, professional services, EV charging stations, and sports amenities.

Key Highlights

  • Building E offers approximately 6,300 SF plus a 954 SF patio
  • Building F contains approximately 3,760 SF for indoor sports or recreational use
  • Buildings E and F may be leased together or separately

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$148,689
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,973,780 $3.0M
Cap Rate 7%
$2,124,129 $2.1M
Cap Rate 9%
$1,652,100 $1.7M
Market Conditions
NOI Build-Up for 11,014 SF
Gross rent
$264.3K $24.00/SF
− Vacancy
−$26.4K −$2.40/SF
EGI
$237.9K $21.60/SF
− OpEx
−$89.2K −$8.10/SF
NOI
$148.7K $13.50/SF
Area
Williamson County, TX
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,973,780
Cap Rate 7%
$2,124,129
Cap Rate 9%
$1,652,100

Alternative Uses

Best Use
Specialty Retail
$2.97M
$2.60M – $3.46M (±1% cap)
NOI $207,790 @ 7.0% cap · market cap 593,685.71%
Second Best
Mixed Use
$2.12M
$1.86M – $2.48M (±1% cap)
NOI $148,689 @ 7.0% cap · market cap 424,825.71%
Theoretical Best
Office A
$4.60M
$4.03M – $5.37M (±1% cap)
NOI $322,289 @ 7.0% cap · market cap 920,825.71%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Hair Salon Electrical Service (Bike/Boat/Book/etc) Store Storage Facility Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

205
Businesses Nearby
11k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 67% Dining 33%
Chevron Shops & Services
6,888 visits/mo 0.4 miles
Auntie Anne's Dining
2,270 visits/mo 0.1 miles
Domino's Pizza Dining
1,377 visits/mo 0.4 miles
Extra Space Storage Shops & Services
386 visits/mo 0.3 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Planned Buildings E and F offer hospitality and indoor recreation space, with the option to lease both as one concept.
Where is this mixed-use property located?
The property is located at 14050 Ronald W Reagan Boulevard Leander, TX.
What are key features of this property?
This property features: Building E offers approximately 6,300 SF plus a 954 SF patio; Building F contains approximately 3,760 SF for indoor sports or recreational use; Buildings E and F may be leased together or separately
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