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    OFF-MARKET
    Land

    1161 San Gabriel Pkwy, Leander, TX 78641

    1.81 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.808-acre commercial lot in Leander, Texas, presents a unique investment opportunity. Located at 1161 W San Gabriel Pkwy (actual address to be determined), this property boasts a prime location between Bagdad and Halsey Roads, on the north side of San Gabriel Parkway. Its strategic position is situated between the driveway to Tom Glenn High School and Halsey Drive, offering high visibility and accessibility. Neighboring properties include the Hope Alliance Family Justice Center and Arka Montessori School, indicating a thriving community. Zoned for local commercial use with full city plat approval, this lot is ready for immediate development. The seller is providing significant cost savings by including all necessary infrastructure: water, sewer, gas, electric, detention pond, curb cuts, and driveway. The flat, cleared lot (no trees, structures, or wells) is ideal for a variety of commercial uses, such as a small strip center, medical office, coffee shop, restaurant, nail salon, or deli. San Gabriel Parkway's direct arterial connection between Bagdad and Highways 183/183A ensures high traffic volume and excellent exposure. The asking price is $1,575,129, translating to $20 per square foot. This represents a remarkable opportunity to capitalize on Leander's rapid growth and secure a prime commercial location in one of Texas's fastest-growing areas. The seller is motivated and seeking a quick close. This property is perfect for developers seeking a streamlined and cost-effective development project.

    Property profile
    Verified
    Property type Land
    Lot 1.81 ac (78,756 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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