3034 Hero Way Leander, TX 78641
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.