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Property profile & analytics
OFF-MARKET
Office Spaces

0 Seq Hwy 183 & Hero Way Leander, TX 78641

27,000 SF
Property ID
Property summary
AI-generated overview

This exceptional 27,000 square foot medical office building presents a unique investment opportunity in the rapidly expanding Leander, Texas market. Situated at the intersection of Highway 183 and Hero Way in Williamson County, this pad-ready site is approved for a surgery center with overnight stay capabilities, making it ideal for physician ownership. Construction plans are available, with delivery estimated within 9-12 months. The property benefits from a prime location adjacent to Austin Gastro's new Endoscopy Center and near St. David's Hospital (new hospital opening in 2024), and the Northline Mixed Use Development. Further enhancing its appeal are its proximity to an HEB grocery store, a light rail stop, and the 183A toll road. Leander/Liberty Hill is experiencing explosive growth, projected to significantly surpass Cedar Park in residential rooftops. This presents a compelling investment opportunity in a high-demand area with excellent access and strong surrounding medical infrastructure. The two-story building offers significant potential for a thriving medical practice or investment portfolio. This is a rare chance to establish a presence in one of the Austin MSA's fastest-growing areas.

Property profile
Verified
Property type Office Spaces
Total area 27,000 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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