Property profile

15141 Ronald Reagan Blvd Leander, TX 78641

OFF-MARKET
Office Spaces
905 SF 0.02 ac lot Built 2023
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Property summary

AI-generated overview

This exceptional 905-square-foot office space is available for purchase at $360,000. Located at 15141 Ronald Reagan Blvd, Unit 504, Leander, TX, this prime property boasts a highly visible location on a signalized hard corner with strong morning traffic flow. Situated within the modern Ronald Reagan Crossing development, this shell-condition office benefits from over 20,000 vehicles passing daily, ensuring excellent exposure for your business. The development itself comprises 37,000 square feet of medical and professional office space, 45,000 square feet of retail space, 6,000 square feet of drive-through businesses, and a 10,000-square-foot daycare facility, creating a vibrant and thriving community. The property is ideally suited for a variety of service-based businesses, including but not limited to insurance agencies, real estate offices, law firms, title companies, startups, small medical practices, tax consultants, and IT agencies. Its location within a high-density residential area, with over 2,500 homes within a 1.5-mile radius, guarantees a strong local customer base. The city's planned expansion of Ronald Reagan Boulevard to six lanes will further enhance accessibility and visibility. The property sits on a 0.02-acre lot. Note that the adjacent unit (Unit 502) is also available for lease, offering a combined total of approximately 1860 square feet. The net operating expenses are $13 per square foot. Potential buyers are encouraged to conduct their own due diligence.

Property profile

Verified
Property type Office Spaces
Year built 2023
Total area 905 SF
Lot 0.02 ac (871 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

15141 Ronald Reagan Blvd Leander, TX 78641
Leander metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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