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    OFF-MARKET
    Office Spaces

    1101 183 Hwy, Leander, TX 78641

    1 SF 1.06 ac lot Built 2016
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.06-acre commercial property in Leander, Texas, presents a remarkable investment opportunity. Located at 1101 S. U.S. Highway 183, this strategically positioned lot boasts high visibility due to its second-row location directly behind WoksIt2U and between Discount Tire and Brake Check. Currently undergoing subdivision, this property is zoned General Commercial 3, offering a multitude of development possibilities for discerning investors. The expansive 1.06-acre parcel provides ample space for a variety of commercial ventures, capitalizing on the high traffic count and prominent location along a major thoroughfare. The asking price of $550,000 represents exceptional value for a property of this caliber in a rapidly growing area. The property's proximity to established businesses ensures immediate access to a robust customer base, while the General Commercial 3 zoning allows for a wide range of potential uses. This is a rare chance to acquire a highly visible and versatile commercial property in a prime Leander location. Don't miss this opportunity to secure a piece of Leander's thriving commercial landscape. The property's size and location make it ideal for a variety of commercial developments, offering significant potential for future growth and return on investment. The current subdivision process ensures a streamlined path to development.

    Property profile
    Verified
    Property type Office Spaces
    Year built 2016
    Total area 1 SF
    Lot 1.06 ac (46,174 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
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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