0 Ranch Road 620 Lakeway, TX 78734
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.
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
Similar Nearby for Sale
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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.