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    Rnch Rd 620 Lakeway, TX 78734

    Sponsored
    For Sale
    $1,000,000

    0.9-acre C-1 zoned lot, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.9-acre commercial property in Lakeway, Texas, presents a unique investment opportunity. Located at 229 Ranch Road 620 S, Austin, TX 78734 (APN 139679), this level site boasts approximately 200 feet of frontage on Ranch Road 620, offering unparalleled visibility and accessibility. The property consists of three individual lots, with paved roads conveniently located on three sides. Its C-1 zoning allows for a variety of commercial uses, with a 60% impervious cover allowance. Situated approximately one mile north of Lakeway Drive, off Highway 71, this location benefits from a high traffic count of 40,000 cars per day. The asking price is $1,000,000, making it an attractive proposition for owner-users seeking a prime commercial location in a thriving area. This is one of the best corner commercial sites in the Lakeway area, and the seller is motivated. Don't miss this chance to acquire a highly visible and accessible commercial lot in a desirable location.

    Property Features for 0 Rnch Rd 620

    General Information

    Property type
    Retail properties
    Lot Size
    39,204 SF

    HighLights

    • High‑traffic location with 40,000 cars passing daily.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lakeway
    County
    Travis
    State
    Texas
    Longitude
    -97.9640171
    Latitude
    30.3476659

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    FAQs

    What type of property is this?
    Retail property - 0.9-acre C-1 zoned lot, high visibility.
    Where is this retail property located?
    The property is located at Rnch Rd 620 Lakeway, TX.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: High-traffic location with 40,000 cars passing daily.; ;
    Request Owner's contact information
    Rnch Rd 620 Lakeway, TX 78734
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    Lakeway, TX 78734
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    Realmo Value Estimation

    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.

    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.

    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
    Rnch Rd 620 Lakeway, TX 78734
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