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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Ranch Road 620 Lakeway, TX 78734

0.9 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
Lot 0.9 ac (39,204 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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