Property profile

16740 Ronald Reagan Blvd Leander, TX 78641

OFF-MARKET
Lifestyle centers
22,000 SF 5.5 ac lot Built 2025
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Property summary

AI-generated overview

This exceptional 22,000-square-foot retail center in Leander, Texas, presents a unique investment opportunity. Located at 16740 Ronald Reagan Blvd, in Williamson County, zip code 78641 (30.578749, -97.804914), this property boasts high visibility with direct frontage on Ronald Reagan Boulevard, ensuring excellent access and exposure. Built in 2025, the center comprises 12 individual units, currently vacant, offering flexibility for a variety of uses. The property type is classified as Retail, with subtypes including QSR/Fast Food, Restaurant, and Shopping Center, making it suitable for a diverse range of tenants. The lease type is NNN, and the entire 5.5-acre lot is available for sale. This presents a blank canvas for a developer or investor to create a thriving retail destination. The property's strategic location in the rapidly growing Leander market offers significant potential for long-term appreciation and strong rental income. The 100% vacancy rate provides an immediate opportunity to customize the space to meet specific tenant needs and maximize rental income. This is a rare chance to acquire a substantial retail property in a prime location with significant upside potential. The property's size and location make it ideal for a variety of retail concepts, from individual units to a larger, unified development.

Property profile

Verified
Property type Lifestyle centers
Year built 2025
Total area 22,000 SF
Lot 5.5 ac (239,580 SF)

Cap rate & NOI

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

Location

16740 Ronald Reagan Blvd Leander, TX 78641
Leander metro
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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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