Leander, TX 78641
This exceptional 4-acre redevelopment opportunity in Leander, Texas, presents a unique investment prospect. Currently utilized as an office/warehouse space totaling 16,288 square feet under a temporary permit from the City of Leander, this property boasts significant potential for diverse future uses. Situated on RM 2243, the site benefits from high visibility due to its proximity to Highway 183A, ensuring excellent exposure for any future development. The property is zoned CD - Conventional Development Sector, allowing for a wide range of possibilities, including hotels, restaurants, retail spaces, office buildings, and medical offices. Its location within Leander's Transit Oriented Development (TOD) sector further enhances its appeal and potential for growth. The site's adjacency to the Leander Lagoon Project (Leander Springs) provides an added advantage, offering proximity to recreational amenities and contributing to a vibrant and attractive environment. This 16,288 square foot existing structure provides immediate income potential while redevelopment plans are underway. This prime location in Williamson County, Texas, with its zip code 78641, offers investors a chance to capitalize on Leander's thriving market and create a significant return on investment. The property's 4-acre lot size provides ample space for ambitious development projects.
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
Similar Nearby for Lease
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.