Leander, TX 78645
- Land
- 22.65 lot acres
Current Use by Public Records
- Land
Property Details
- Lot size
- 22.65 lot acres
- Property type
- Land
Description
This exceptional 22.65-acre commercial land parcel in Jonestown, Texas, presents a remarkable investment opportunity. Located at the corner of FM 1431 and Nameless Road, this property boasts over 1,700 square feet of highway frontage, providing unparalleled visibility and accessibility. The site is zoned B-2 R-1, allowing for a variety of uses, including retail, multifamily, or industrial development. A pre-existing site plan envisions a 56,000-square-foot retail center, including a 27,000-square-foot anchor space—ideal for a grocery store. This prime location is situated just 1.5 miles from the thriving Travisso master-planned community, a 2,100-acre development featuring over 2,900 homes, 355 acres of open space, and a 58-acre regional park. The property's strategic position within the rapidly growing west Leander corridor ensures high traffic counts and strong potential for significant returns. Direct access is available from both FM 1431 and Nameless Road. The property is offered fee simple and is suitable for a 1031 exchange. The asking price is $5,700,000, with a price per acre of $251,655. The APN is 186566. This is a high-traffic count tract perfect for retail, multifamily, or industrial use. The property's proximity to a large, established residential community makes it an ideal location for businesses seeking to serve a substantial customer base. This presents a unique chance to capitalize on the area's robust growth and high demand for commercial space.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Leander
- County
- Travis
- State
- Texas
- Longitude
- -97.9702
- Latitude
- 30.4569
