1017 Ranch Road 620 S Lakeway, TX 78734
For Lease
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This exceptional two-story, 9,200 square foot Class B office building, located at 1017 Ranch Rd 620 S in Lakeway, Texas 78734, offers a diverse range of office spaces to suit various business needs. The property features 14 suites, with a minimum divisible space of 194 square feet and the possibility of leasing the entire 9,200 square feet contiguously. Built in 1985 and extensively renovated in 2022, the building boasts updated amenities including fresh paint, new signage, improved landscaping, restriped parking, a new mailbox, a modern security system, upgraded parking lot lighting, and completely remodeled bathrooms and kitchen with new appliances. The building's prime location offers easy access to Highway 620 at a well-lit intersection, providing convenient access to nearby Lakeway neighborhoods and retail establishments. The property is ideal for businesses seeking traditional office space, executive suites, coworking arrangements, creative office environments, or medical offices. All utilities and Wi-Fi are included in the lease. This is a multi-tenant building situated in Travis County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.