Multi-Tenant Retail
For Sale
Contact for pricing
2980 Joe Dimaggio Blvd, Round Rock, TX 78665
Established retail center with national and local tenants, available space, and an approved second building.
Property Size13,630 SF
Price / SF$550.26
Days on Market211
Property Features for 2980 Joe Dimaggio Blvd
General Information
Standard status
Active
Size
13,630 SF
Property subtype
Retail
Listing Agency:
SpecTower Realty Group
Listed By:
Sam Sheikh · License #TX 0656784
(512) 285-7146
Source:
Crexi
Added: Mar 26
Changed: Oct 11
Last Checked: Oct 20 at 5:29PM
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 SpecTower Realty Group
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Investment Insights
Based on property information with market context.
This shopping center includes a 13,630-square-foot multi-tenant retail building with Blue Corn Harvest, Lucky Lion, Knockouts, and Tropical Smoothie among its occupants. Building A has 3,249 square feet of current vacancy, providing existing space within the developed phase. The property encompasses 4.609 acres and includes an approved second building planned for additional retail use.
The center is located at 2980 Joe DiMaggio Blvd in Round Rock, Texas, within an area characterized by residential expansion and ongoing commercial development. The approved Building B is planned at approximately 11,015 square feet, adding a future component to the existing retail improvements.
The center is located at 2980 Joe DiMaggio Blvd in Round Rock, Texas, within an area characterized by residential expansion and ongoing commercial development. The approved Building B is planned at approximately 11,015 square feet, adding a future component to the existing retail improvements.
Key Highlights
- 4.609‑acre shopping center at 2980 Joe DiMaggio Blvd
- Existing 13,630 SF multi‑tenant retail building
- 3,249 SF of current vacancy in Building A
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$254,378
Cap Rate
3.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,087,560
$5.1M
Cap Rate 7%
$3,633,971
$3.6M
Cap Rate 9%
$2,826,422
$2.8M
Market Conditions
NOI Build-Up for 13,630 SF
Gross rent
$376.2K $27.60/SF
− Vacancy
−$12.8K −$0.94/SF
EGI
$363.4K $26.66/SF
− OpEx
−$109.0K −$8.00/SF
NOI
$254.4K $18.66/SF
Area
Round Rock, TX
Vacancy
3.40%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,087,560
Cap Rate 7%
$3,633,971
Cap Rate 9%
$2,826,422
Alternative Uses
Best Use
Retail
$3.63M
$3.18M – $4.24M
NOI $254,378 @ 7.0% cap · market cap 3.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.32M
$3.78M – $5.04M
NOI $302,259 @ 7.0% cap · market cap 4.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
490
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 78665, TX
61,577
Population
24,678
Households
2.5
Avg Household Size
35
Median Age
52%
College-Educated
97%
High-School Grad
24.1 sq mi
ZIP Area
2,555
Density / Sq Mi
$117,240
Median Household Income
$58,138
Median Earnings
$1,945
Median Rent
$438,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Shopping center - Established retail center with national and local tenants, available space, and an approved second building.
Where is this shopping center located?
The property is located at 2980 Joe Dimaggio Blvd Round Rock, TX.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: 4.609‑acre shopping center at 2980 Joe DiMaggio Blvd; Existing 13,630 SF multi‑tenant retail building; 3,249 SF of current vacancy in Building A
