11880 Hero Way W Leander, TX 78641
- Commercial real estate
- 27,875 SF
- 14.70 lot acres
Current Use by Public Records
- Summit Jewelers Leander / (Bike/Boat/Book/etc) Store
- Farmers Insurance - Judy Argo / Insurance Agency
- The Skate Gym / Gym & Fitness Center
- Porch Light Studio / Film Production / Television Studio
- Saccone's Pizza & Subs / Restaurant
Property Details for 11880 Hero Way W
- Year built
- 2010
- Lot size
- 14.70 lot acres
- Property size
- 27,875 SF
- Property type
- Commercial real estate
- APN
- R-17-W309-4000-0001-B004
- APU
- R17W30940000001B004
Description
This exceptional 16,500-square-foot flex space, located at 11880 Hero Way W in Leander, Texas 78641, presents a unique opportunity for businesses seeking versatile commercial space. The property is currently fully vacant and offers multiple tenancy options, with a minimum divisible space of 4,500 square feet and a maximum contiguous space of 12,000 square feet. Ideal for retail or industrial uses, this property boasts a flexible layout adaptable to a variety of business needs. Its strategic location in Leander, Texas provides excellent access to major transportation routes, ensuring convenient commutes for employees and efficient logistics for businesses. The property's total square footage is 16,500 square feet, providing ample room for expansion and growth. With its combination of retail and industrial suitability, this property is perfectly positioned to cater to a diverse range of businesses. The property is ready for immediate occupancy, allowing businesses to quickly establish their operations. Interested parties are encouraged to inquire about lease terms and availability. This is a rare opportunity to secure a substantial and adaptable commercial space in a thriving Texas market. The property's address is easily accessible and well-suited for both customer traffic and efficient supply chain management.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $6,270,000
- 6.5%
- $5,790,000
- 7%
- $5,375,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $4,194,000
Market price range: $1.60M - $6.12M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $4,210,000 Current use
- OFFICE BUILDING
- $3,680,000 Change: -13% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Leander
- County
- Williamson
- State
- Texas
- Longitude
- -97.8704
- Latitude
- 30.5791
- CBSA code
- 12420
- CBSA name
- AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA