Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    14410 Hero Way W Leander, TX 78641
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    14410 Hero Way W Leander, TX 78641

    View on Map
    • Commercial land
    For Sale
    $1,150,000
    View Listing →
    Leander Transitional Land with Residences For Sale
    $1,150,000
    2,599 SF

    Leander Transitional Land with Residences

    2.94 acres with two residences in Leander, Texas.

    14410 Hero Way W, Leander, TX 78641
    View Listing
    Property ID
    US82-4603331
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 14410 Hero Way W

    Property type
    Commercial land
    Property subtype
    Live-work space

    Description

    **Price Improvement!** **Wow!** Two residences are located on this +/- 2.94 acre transitional land property in the City of Leander. There are two tracts included in the sale – the first is the main residence on 2.29 acres. Built in 1998, this home has 2,599 square feet with 4 bedrooms, 2 baths and a garage. The second tract, located at 14380 Hero Way W, has 0.64 acres and has a home dating from 1925 with 2,388 SF ready for updates. These lots, located in the City of Leander, are currently zoned SFR, but are shown in Leander’s Future Land Use Map as being in the “Multi-Use Corridor - Priority Corridor”. The Leander 2020 Comprehensive Plan identifies this corridor as intended for mixed-use areas, for example mentioning: “Commercial retail, office, personal service uses, and restaurants, including drive-throughs. These could be stand-alone individual parcels if they are pre-existing or as part of a larger retail center. Near highway intersections and adjacent to Employment Mixed Use/Activity Centers, hotels, grocery stores and similar regional uses may also be appropriate.” The Property would need to be rezoned for a change of use. Rent the home(s) out to reduce holding costs, bring your small business, enjoy a live-work scenario, or hold for long-term appreciation.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Leander
    County
    Travis
    State
    Texas
    Longitude
    -97.9086868
    Latitude
    30.5737022

    Comparable in this City

    • Contact for pricing
      5,242 SF

      Leander Corner Property For Sale

      Commercial and mixed-use property with highway frontage in high-growth area.
      201 Highway 183 S, Leander, TX 78641
      View Details
    • Contact for pricing

      Leander Mixed-Use Corner Lot Property

      Adaptable mixed-use property in high-visibility Leander location.
      2100 S Bagdad Rd, Leander, TX 78641
      View Details
    • Contact for pricing

      Mixed-Use Development Opportunity in Leander

      Six-acre mixed-use park connected to future St. David's hospital.
      10861 183A, Leander, TX 78641
      View Details
    • $2,695,999
      7,500 SF

      Mixed-Use Property in Cedar Park ETJ

      Mixed-use property with residential and commercial spaces in Cedar Park.
      102 County Road 180, Leander, TX 78641
      View Details
    • $3,200,000
      6,000 SF

      Cedar Park 10-Acre Retreat

      Turn-key 10-acre property with income potential near Austin.
      12601 Trails End Rd, Leander, TX 78641
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,242 SF

      Leander Corner Property For Sale

      Commercial and mixed-use property with highway frontage in high-growth area.
      201 Highway 183 S, Leander, TX 78641
      View Details
    • Contact for pricing

      Leander Mixed-Use Corner Lot Property

      Adaptable mixed-use property in high-visibility Leander location.
      2100 S Bagdad Rd, Leander, TX 78641
      View Details
    • Contact for pricing

      Mixed-Use Development Opportunity in Leander

      Six-acre mixed-use park connected to future St. David's hospital.
      10861 183A, Leander, TX 78641
      View Details
    • $2,695,999
      7,500 SF

      Mixed-Use Property in Cedar Park ETJ

      Mixed-use property with residential and commercial spaces in Cedar Park.
      102 County Road 180, Leander, TX 78641
      View Details
    • $3,200,000
      6,000 SF

      Cedar Park 10-Acre Retreat

      Turn-key 10-acre property with income potential near Austin.
      12601 Trails End Rd, Leander, TX 78641
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Leander Mixed-Use Development For Rent

      15-acre mixed-use development in Leander with retail and commercial spaces.
      14300 Ronald Reagan Blvd, Leander, TX 78641
      View Details
    • Contact for pricing

      Mixed-Use Community in Leander, TX

      New mixed-use community with retail, office, residential, and hotel space.
      183 And 183A, Leander, TX 78641
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    14410 Hero Way W
    Leander, TX 78641
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!