Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    15101 Ronald Reagan Blvd Leander, TX 78641
    Back to Search
    Property profile & analytics

    15101 Ronald Reagan Blvd Leander, TX 78641

    View on Map
    • Retail properties & Spaces
    • 20,672 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 15101 Ronald Reagan Blvd

    Year built
    2022
    Property size
    20,672 SF
    Property type
    Retail properties & Spaces

    Description

    This exceptional 1,258 square foot retail space is located within Reagan Crossing, a vibrant mixed-use development in Leander, Texas. Built in 2022, this Class B property is situated at 15101 Ronald Reagan Blvd, near Journey Parkway, in Williamson County. The single-story building offers a total of 20,672 square feet, and this unit is available as a shell space, providing a blank canvas for your business vision. Reagan Crossing boasts a diverse mix of tenants, including medical and professional offices, additional retail spaces, a drive-thru, and a daycare center, ensuring high foot traffic and visibility. The development is strategically located within a high-density residential area, providing immediate access to a substantial customer base. This prime location offers unparalleled convenience and accessibility for your business. The property's modern design and new construction status guarantee a contemporary and efficient workspace. This is a unique opportunity to establish your business in a thriving community with excellent growth potential. The space is perfect for a variety of retail concepts and offers the advantage of being in a well-established and rapidly growing area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Leander
    County
    Williamson
    State
    Texas
    Longitude
    -97.7994
    Latitude
    30.5588

    Comparable in this City

    • Value Estimation by Request
      31,150 SF

      Sh 183 & Hero Way

      Retail properties & Spaces • 31,150 SF
      0 Sh 183 & Hero Way, Leander, TX 78641
      View Details
    • Value Estimation by Request
      32,900 SF

      11700 Hero Way

      Retail properties & Spaces • 32,900 SF
      11700 Hero Way, Leander, TX 78641
      View Details
    • Value Estimation by Request
      16,333 SF

      15161 Ronald Reagan Blvd

      Coworking space • 16,333 SF
      15161 Ronald Reagan Blvd, Leander, TX 78641
      View Details
    • Value Estimation by Request
      128,509 SF

      183 And 183A

      Restaurants • 128,509 SF
      183 And 183A, Leander, TX 78641
      View Details
    • Value Estimation by Request
      8,573 SF

      1633 Us Hwy

      Retail properties & Spaces • 8,573 SF
      1633 Us Hwy, Leander, TX 78641
      View Details
    • Value Estimation by Request
      0.50 Acres

      1617 Bagdad Rd

      Medical Office Space • 1 SF
      1617 Bagdad Rd, Leander, TX 78641
      View Details

    Similar Nearby for Sale

    • $520,000
      66,100 SF

      Leander Retail Land - Hwy 183

      Prime 7.94-acre retail site, shovel-ready.
      1345 Hwy 183, Leander, TX 78641
      View Details
    • Contact for pricing
      16,288 SF

      4 Acre Commercial Site

      4 acre general commercial site suitable for various uses.
      Leander, TX 78641
      View Details
    • Contact for pricing

      Mixed-Use Development Opportunity in Leander

      Six-acre mixed-use park connected to future St. David's hospital.
      10861 183A, Leander, TX 78641
      View Details
    • Contact for pricing
      4,231 SF

      Leander Restaurant Opportunity

      4,231 SF restaurant in turn-key condition for sale.
      15609 Ronald W Reagan Blvd, Leander, TX 78641
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      65,200 SF

      Leander Retail Space Prelease

      65,200 SF Retail Center in Leander, TX
      1395 Highway 183, Leander, TX 78641
      View Details
    • $25 SF/Yr
      148,874 SF

      15901 Ronald Reagan Blvd

      Life science properties • 148,874 SF
      15901 Ronald Reagan Blvd, Leander, TX 78641
      View Details
    • Contact for pricing

      Leander Mixed-Use Development For Rent

      15-acre mixed-use development in Leander with retail and commercial spaces.
      14300 Ronald Reagan Blvd, Leander, TX 78641
      View Details
    • Contact for pricing

      Leander Land for Lease

      Commercial land available for lease in Leander, Texas.
      Scottsdale Dr And Hwy 183A, Leander, TX 78641
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      Retail and restaurant spaces available for lease in Leander, TX.
      183A And Hwy 183, Leander, TX 78641
      View Details
    • $36 SF/Yr
      1,600 SF

      Prime Leander Retail Space

      Brand new, 1600 sq ft retail/restaurant space. High traffic, excellent visibility.
      15241 Ronald Reagan Blvd, Leander, TX 78641
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    15101 Ronald Reagan Blvd
    Leander, TX 78641
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    15101 Ronald Reagan Blvd, Leander, TX, 78641
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!