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    Leander Commercial Space For Sale Title is generated by Realmo AI

    15141 Ronald Reagan Blvd, Leander, TX 78641

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    Commercial space in high-traffic area with exceptional visibility.

    Type:Office
    Property size:
    977 SF
    Price / SF:
    $325/SF
    Added:
    Mar 21, 2024
    Days on Market:
    810
    Last Refresh:
    May 13 at 8:10 pm

    Property Features for 15141 Ronald Reagan Blvd

    General Information

    Standard status
    Active
    Size
    977 SF
    Property subtype
    Office

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    Listing Contact
    Swarna Lakshmi Mohan

    Listing agent Swarna Lakshmi Mohan License #657184

    Listing office Fullcircle Real Estate

    Listing date Mar 21, 2024

    Source Crexi

    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 Fullcircle Real Estate

    HighLights

    • Prime road‑facing visibility on Ronald Reagan Blvd in a well‑established commercial center.
    • High‑traffic location with proximity to neighborhoods and schools.
    • Monument and building signage available for brand visibility.
    • Benefit from 18‑foot high ceilings suitable for professional, medical, or flex space.
    • Located in a commercial center with over 100,000 square feet of thriving businesses.
    • Close proximity to amenities such as daycare, restaurants, and retail marketplace.

    Overview

    This commercial property is located on Ronald Reagan Blvd in Leander, offering road-facing visibility within a commercial center of over 100,000 square feet. The property features shell and metal beam construction with 18-foot high ceilings, suitable for professional, medical office, or flex space use. Monument and building signage are available. The surrounding area includes a Daycare, Wash N Roll, Restaurants, Coffee shops and the Cold Springs Retail Marketplace. Proximity to neighborhoods and schools provides a steady flow of potential customers.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $41.0k $42.00
    − Vacancy −$10.0k −$10.21
    EGI $31.1k $31.79
    − OpEx −$7.8k −$7.95
    NOI $23.3k $23.85
    977 SF · lease $42.00/SF/yr · vacancy 24.30% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $332.8K
    $291.2K – $388.3K (±1% cap)
    NOI $23,297 @ 7.0% cap · market cap 7.34%
    Second Best
    Industrial
    $124.9K
    $109.3K – $145.7K (±1% cap)
    NOI $8,742 @ 7.0% cap · market cap 2.75%
    Theoretical Best
    Office A
    $408.4K
    $357.4K – $476.5K (±1% cap)
    NOI $28,589 @ 7.0% cap · market cap 9.00%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Map

    City
    Leander
    County
    Travis
    State
    Texas
    Longitude
    -97.9247
    Latitude
    30.558

    FAQs

    What type of property is this?
    Office units - Commercial space in high-traffic area with exceptional visibility.
    Where is this office units located?
    The property is located at 15141 Ronald Reagan Blvd Leander, TX.
    What is the asking price?
    The asking price for this property is $317,525.
    What are key features of this property?
    This property features: Prime road‑facing visibility on Ronald Reagan Blvd in a well‑established commercial center.; High‑traffic location with proximity to neighborhoods and schools.; Monument and building signage available for brand visibility.
    More about this property
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