Leander Commercial Space For
15141 Ronald Reagan Blvd Leander, TX 78641
For Sale
Contact for pricing
Commercial space in high-traffic area with exceptional visibility.
Property Size977 SF
Price / SF$325
Days on Market856
Property Features for 15141 Ronald Reagan Blvd
General Information
- Standard status
- Active
- Size
- 977 SF
- Property subtype
- Office
Listing Agency:
Fullcircle Real Estate
Listed By:
Swarna Lakshmi Mohan · License #657184
Source:
Crexi
Added: Mar 21, 2024
Changed: Jul 10
Last Checked: Jul 22 at 6:30AM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
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
NOI $23,297 @ 7.0% cap · market cap 7.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$408.4K
$357.4K – $476.5K
NOI $28,589 @ 7.0% cap · market cap 9.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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.
