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Property profile & analytics

11880 Hero Way W Leander, TX 78641

  • Commercial real estate
  • 27,875 SF
  • 14.70 lot acres
For Lease
Last Sale
Mar 25, 2020
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US82-5189734
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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

based on Realmo’s proprietary methodology
  • 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

Get a detailed, property-specific valuation — fast and free


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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$162,706
$3,493,159
$4,565,471
$8,058,630
-
$3,493,159
$4,565,471
$8,058,630
More about this property
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