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    602 Riva Rdg Dr Leander, TX 78641

    For Sale
    $900,000

    Prime Leander location, 42,688 sq ft, vacant.

    Property size:
    42,688 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional commercial land opportunity in Leander, Texas, presents 42,688 square feet of vacant land ideally situated for redevelopment. Boasting 260 feet of frontage on Highway 183A, this 0.99-acre lot is strategically positioned within Leander's rapidly expanding commercial zone. The property's prime location offers unparalleled visibility and accessibility, making it an attractive investment for a wide range of commercial ventures. Its vacant status allows for complete design flexibility, catering to diverse development plans. The property is zoned for commercial use, opening doors to numerous possibilities, from retail spaces and restaurants to office buildings and other commercial developments. This is a unique chance to capitalize on Leander's robust growth trajectory and create a thriving commercial establishment. Flexible seller financing options are available to facilitate a smooth and advantageous acquisition. The property's address is 602 Riva Ridge Dr, Leander, TX 78641, in Williamson County. Don't miss this chance to secure a piece of Leander's thriving commercial landscape.

    Property Features for 602 Riva Rdg Dr

    General Information

    Property type
    Mixed-use properties
    Square Feet
    42,688 SF
    Lot Size
    43,124 SF

    HighLights

    • 0.99‑acre commercial lot in Leander, TX, totaling 42,688 square feet.
    • 260 feet of frontage on Highway 183A, within Leander's rapidly expanding commercial zone.
    • Excellent visibility and accessibility, suitable for various commercial uses.
    • Zoned for commercial development, offering design flexibility.
    • Seller financing options available.
    • Located at 602 Riva Ridge Dr, Leander, TX 78641 (Williamson County).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Leander
    County
    Williamson
    State
    Texas
    Longitude
    -97.859149
    Latitude
    30.614628

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Leander location, 42,688 sq ft, vacant.
    Where is this mixed-use property located?
    The property is located at 602 Riva Rdg Dr Leander, TX.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: 0.99-acre commercial lot in Leander, TX, totaling 42,688 square feet.; 260 feet of frontage on Highway 183A, within Leander's rapidly expanding commercial zone.; Excellent visibility and accessibility, suitable for various commercial uses.
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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
    602 Riva Rdg Dr Leander, TX 78641
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