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Property profile & analytics
OFF-MARKET
Land

3034 Hero Way Leander, TX 78641

10 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 10-acre commercial and industrial land parcel in Leander, Texas, presents a unique investment opportunity. Located at 3034 Hero Way, Williamson County, zip code 78641 (30.5915638, -97.8281985), this property is zoned HC-4 and HC-5, permitting a wide range of non-residential uses. The site boasts significant advantages due to planned infrastructure improvements, including the expansion of Hero Way, projected to become a major access point from I-35, and the construction of a new north-south arterial road bordering the eastern boundary. This will create a highly visible hard corner location with substantially increased frontage. Existing utilities, including water, wastewater, electricity, and gas, are readily available on-site. The property's strategic location is further enhanced by the planned underpass on the new six-lane highway, directly adjacent to the property. The seller is flexible, offering options to purchase as little as 5 acres or potentially up to 15 acres, at adjusted pricing. This prime location, coupled with the impending infrastructure upgrades, positions this property for exceptional future growth and high traffic volume, making it an ideal investment for discerning buyers. The planned road expansions are anticipated to commence in 2024.

Property profile
Verified
Property type Land
Lot 10 ac (435,600 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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