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Property profile & analytics
OFF-MARKET Estimated value $1,420,000
Day care centers

1208 Rnch Rd 620th S Lakeway, TX 78734-6312

8,849 SF 5.41 ac lot Built 1984
Individually Owned 3-yr Hold ~ Est. High Equity
Property ID
US82-3483353
Property summary
AI-generated overview

This exceptional commercial property in Lakeway, Texas, presents a rare investment opportunity. Located at 1208 and 1308 Ranch Road 620 South, this 5.5+ acre site boasts approximately 440 feet of frontage on a high-traffic corridor (approximately 50,000 vehicles daily). The property comprises two parcels: a larger 5.2+ acre lot zoned C-2 Commercial/Light Industry, allowing for retail, showroom, service, and storage; and a smaller 0.36-acre lot zoned C-1 Office/Retail, offering flexibility for separate office space or integration into a larger operation. Five existing buildings totaling approximately 25,000 square feet are currently in place. The property is situated in a highly desirable area of Lakeway, within the Austin MSA, known for its affluent communities and strong economic growth. Site plans are available, and the seller is open to a leaseback arrangement following the sale. This unique offering combines prime location, flexible zoning, and existing infrastructure, making it ideal for a variety of commercial uses. The property's APN numbers are 438651 and 438652, and the zip code is 78734. This is a truly exceptional opportunity to acquire a significant commercial property in a rapidly growing market. The total square footage is between 15,000 and 25,000 square feet. The property is currently used as a boat dealership and service center, but the business itself is not included in the sale.

Property profile
Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1984
Construction STEEL FRAME
Total area 8,849 SF
Lot 5.41 ac (235,877 SF)
APN 135700315
UPID US82-3483353
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
AI Approach AI
$1.25M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.42M
Owner & transaction history
State Of Texas · 3 yrs held
State Of Texas
since 2023
Last sale
$1.4M
7 recorded transactions
2023
$1.4M
2022
Price N/A
2020
Price N/A
2014
Price N/A
2002
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.3M +279.1%
Commercial (general) $1.3M +277.2%
Restaurant $875,000 +162.1%
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