1905 Rnch Rd 620th N Lakeway, TX 78734-2613
This exceptional 4,400 square foot retail property, situated on a 0.73-acre lot in the desirable Lakeway area of Austin, Texas, presents a unique investment opportunity. Located at 1905 Ranch Road 620, zip code 78734, this freestanding building boasts excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The property is situated within the extraterritorial jurisdiction (ETJ) of Austin. The current owner is willing to vacate the premises or consider a short-term leaseback arrangement, offering flexibility for the new owner. The property's prime location and substantial size provide ample space for development or immediate occupancy. The address is easily accessible from major roadways, ensuring high traffic volume and exposure to potential customers. This is a rare opportunity to acquire a well-positioned retail property in a thriving Austin suburb, offering significant potential for growth and return on investment. The property is classified as both retail and land, providing versatility for potential buyers. The Travis County location adds to its appeal. This is a turnkey opportunity for an investor seeking a high-visibility retail space in a rapidly growing market.
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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.