Add Listing
    For Sale
    • 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

    1650-1680 University Blvd Round Rock, TX

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    5.169 acres of land with high visibility and accessibility.

    Type:LAND
    Lot size:
    5.17 Acres
    Added:
    Apr 18, 2024
    Days on Market:
    737
    Last Refresh:
    Apr 5 at 11:20 pm

    Property Features for 1650-1680 University Blvd

    General Information

    Standard status
    Active
    Lot size
    5.17 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Brentley Brinegar
    Brentley Brinegar

    Listing agent Brentley Brinegar License #589701

    Listing office Brinegar Properties Commercial Brokerage

    Listing date Apr 18, 2024

    Source Moodyscre

    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 Brinegar Properties Commercial Brokerage

    Overview

    5.169 Acres Prime Location Land

    This 5.169-acre commercial land is located next to Teravista, Seton Hospital, Texas State University, Austin Community College, and Texas A&M University. Situated within Round Rock ETJ, the property benefits from a prime location, prominent visibility, and easy access to AW Grimes, IH-35, and SH-130. Permitted uses include retail, office, medical office, restaurant, microbrewery, C-Store with fuel sales, hotel, and veterinary services.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Auto Repair Shop Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Round Rock
    County
    Williamson
    State
    Texas
    Longitude
    -97.6569
    Latitude
    30.5724

    Nearby Similar for Sale

    • $300,000
      920 SF

      Professional Office Condo in Round Rock

      Turnkey office condo with private offices, conference room, and kitchen.
      3000 Joe Dimaggio Boulevard, Round Rock, TX 78665
      View Details
    • $1,600,000
      2,560 SF

      Round Rock Commercial Acreage

      5.967 acres in Round Rock ETJ with development potential.
      2015 Sam Bass Road, Round Rock, TX 78681
      View Details
    • $850,000

      Net-Zero Ready Townhomes in Round Rock

      Luxury, sustainable duplexes in a gated Texas Hill Country community.
      300,302,304 Tesla Circle, Round Rock, TX 78681
      View Details
    • $675,000
      1,460 SF

      Modern Office Condos in Round Rock

      Two connecting office condos built in 2020, flexible layout.
      3309 Forest Creek Dr, Round Rock, TX 78664
      View Details
    • Contact for pricing
      5,700 SF

      Retail Space on University Boulevard

      Retail space for lease or sale near major medical campus.
      1650 & 1680 University Blvd, Round Rock, TX 78665
      View Details
    • $3,619,000
      11,000 SF

      Versatile Commercial Property in Round Rock

      11,000 SF property suitable for office, retail, and more.
      2900 Jazz St, Round Rock, TX 78664
      View Details
    • $435,000
      1,460 SF

      Round Rock Flex Warehouse Unit

      Two-story flex/warehouse unit with excellent natural light and modern amenities.
      2100 Double Creek Dr 120, Round Rock, TX 78664
      View Details
    • $295,000

      Professional Office Condo in Round Rock

      Well-maintained office condo in central Round Rock location.
      2251 Double Creek DR 503, Round Rock, TX 78664
      View Details
    • $2,500,000
      1,000 SF

      Prime Commercial Lot in Round Rock

      Commercial lot in downtown Round Rock with high visibility.
      103 W Bagdad Avenue, Round Rock, TX 78664
      View Details
    • $225,000

      Prime Downtown Round Rock Land

      1.3-acre lot in the heart of Downtown Round Rock.
      610 Nash Street, Round Rock, TX 78664
      View Details
    • $6,337,980

      Avery Centre Development Site

      5.82-acre development site in a rapidly growing area.
      1501 University Boulevard, Round Rock, TX 78665
      View Details
    • $533,800

      Commercial Land on Palm Valley

      Commercial land available on Palm Valley Boulevard in Round Rock.
      503 E Palm Valley BLVD 210, Round Rock, TX 78664
      View Details

    FAQs

    What type of property is this?
    Commercial land - 5.169 acres of land with high visibility and accessibility.
    Where is this commercial land located?
    The property is located at 1650-1680 University Blvd Round Rock, TX.
    What are key features of this property?
    This property features: Prime location with prominent visibility and easy access to AW Grimes, IH‑35, and SH‑130.; Versatile land use allows for Retail, Office, Medical Office, Restaurant, Microbrewery, C‑Store with fuel sales, Hotel, and Veterinary.; 5.169 Acre lot size.
    (512) 940-0188 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Brentley Brinegar
    Brentley Brinegar
    Real Estate License ID: 589701
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!