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

    Co Rd 270 & Hero Wy Leander, TX

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Industrial center with 126,360 SF rear load building.

    Type:INDUSTRIAL
    Property size:
    126,360 SF
    Lot size:
    109.30 Acres
    Added:
    Jul 22, 2025
    Days on Market:
    254
    Last Refresh:
    Mar 29 at 11:25 pm

    Property Features for Co Rd 270 & Hero Wy

    General Information

    Standard status
    Active
    Size
    126,360 SF
    Lot size
    109.30 Acres
    Property subtype
    INDUSTRIAL

    Properties For Sale

    at Co Rd 270 & Hero Wy Contact us

    We can help!

    Listing Contact
    Omar Nasser
    Omar Nasser

    Listing agent Omar Nasser

    Listing office Aquila Commercial

    Listing date Jul 22, 2025

    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 Aquila Commercial

    Overview

    Industrial Center Development Opportunity

    This industrial center will consist of 13 buildings upon completion, starting with Buildings 1 and 2. Building 2 is a 126,360-SF rear load building, with construction set to begin in Q4 2025 and completion anticipated by Q3 2026. The site is located just east of US-183A and offers convenient access with multiple entry points. This development presents an opportunity for industrial users seeking big-block space within the Austin Metro.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Similar Places Nearby

    • Public Storage — 140 East Sonny Drive, Leander, TX 78641
    • New Mini Storage — 401 Horseshoe Dr, Leander, TX 78641
    • Self Storage — 719 us-183, leander, tx 78641
    • Self Storage Unit Near Leander — 719 US-183 Hwy, Leander, TX 78641
    • ​Preferred Storage Unit — 304 Woodley Rd, Leander, TX 78641

    Map

    City
    Leander
    County
    Travis
    State
    Texas
    Longitude
    -97.8531
    Latitude
    30.5788

    Nearby Similar for Sale

    • $519,000
      3,324 SF

      Historic Home on High-Traffic Thoroughfare

      Historic 3,324 SF home on a 1-acre lot.
      600 S Bagdad Road, Leander, TX 78641
      View Details
    • $1,350,000
      2,627 SF

      Leander Ranch with Hill Country Views

      20-acre Leander ranch featuring a home and 9-stall barn.
      12516 Wire Road, Leander, TX 78641
      View Details
    • $1,350,000

      Scenic Ranchette with Hill Country Views

      20-acre ranch in Travis County with no deed restrictions.
      12516 -- Wire Rd, Leander, TX 78641
      View Details
    • $2,695,999
      7,500 SF

      Mixed-Use Property in Cedar Park ETJ

      Mixed-use property with residential and commercial spaces in Cedar Park.
      102 County Road 180, Leander, TX 78641
      View Details
    • $520,000
      66,100 SF

      7.94 AC in Retail Center FOR SALE

      7.94-acre development opportunity with utilities and parking in place.
      1345 Hwy 183, Leander, TX 78641
      View Details
    • $3,200,000
      13,200 SF

      Versatile Commercial Property in Leander

      Prime commercial property suitable for various business uses.
      3364 N Bagdad RD, Leander, TX 78641
      View Details
    • $330,000

      Move-in Ready Leander Office Condo

      Office condo in the heart of Leander, move-in ready.
      660 S Bagdad Rd Ste 140, Leander, TX, 78641-5291
      View Details
    • $849,000

      Leander Mixed-Use Corner Lot Property

      Adaptable mixed-use property in high-visibility Leander location.
      2100 S Bagdad Rd, Leander, TX 78641
      View Details
    • Contact for pricing
      25,000 SF

      10,000 - 25,000 SF Flex Office/Warehouse FOR SALE OR LEASE

      New 25,000 SF flex warehouse in Leander, completion Q3 2025.
      2205 Downing Ln, Leander, TX 78641
      View Details
    • Contact for pricing
      4,101 SF

      Turnkey Bar and Restaurant Opportunity

      Operating 4,010 SF bar/restaurant in revitalized Old Town Leander.
      105 W Willis St, Leander, TX
      View Details
    • Contact for pricing
      4,231 SF

      Leander Restaurant Opportunity

      4,231 SF restaurant in turn-key condition for sale.
      15609 Ronald W Reagan Blvd, Leander, TX
      View Details
    • Contact for pricing
      1,377 SF

      Established Retail Space in Leander

      Profitable retail space in a rapidly developing mixed-use center.
      Ronald W Reagan Blvd, Leander, TX
      View Details

    FAQs

    What type of property is this?
    Warehouse - Industrial center with 126,360 SF rear load building.
    Where is this warehouse located?
    The property is located at Co Rd 270 & Hero Wy Leander, TX.
    What are key features of this property?
    This property features: Big‑block industrial space within the Austin Metro area.; Convenient access due to location just east of US‑183A.; Multiple entry points to the site.
    (512) 789-3410
    We can help!
    Listing Contact
    Omar Nasser
    Omar Nasser
    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!