1617 Bagdad Rd Leander, TX 78641
This exceptional ±0.5-acre commercial pad site presents a remarkable investment opportunity in the rapidly growing city of Leander, Texas. Located at 1617 N Bagdad Rd, 78641, this property boasts a highly visible location at a lighted intersection, ensuring maximum exposure for any business. The site is zoned PUD - General Commercial, allowing for a wide range of uses, excluding convenience stores and car washes. Its strategic placement immediately southwest of the new Glenn High School within the Leander Independent School District provides excellent access to a substantial population base. Furthermore, the property sits at the entrance to the new Devine Lake development, a 350+ lot Lennar community, guaranteeing a steady stream of potential customers. The property is currently listed for sale and offers one square foot of existing improvements. Leander's designation as the fastest-growing city in 2019 by the U.S. Census Bureau underscores the significant potential for future growth and appreciation in this area. This is an exceptional opportunity to establish a thriving business in a dynamic and expanding market. The lot size is 0.5 acres. The property type includes retail, office, and land.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.