204 Heritage Grove Rd Leander, TX 78641
This exceptional 40.57-acre tract of land presents a compelling investment opportunity in the thriving city of Leander, Texas. Strategically located within Leander city limits and currently zoned for industrial use, this property offers significant potential for a wide range of development projects. The land is priced competitively at $7.55 per square foot, totaling $13,342,580. Convenient access to essential utilities is a key advantage. A 12-inch water main is situated nearby, with an 8-inch wastewater main approximately 800 feet south of the site. Natural gas is available approximately 400 feet south, and electricity is readily accessible via PEC on-site. This property is well-suited for businesses requiring ample space and convenient access to infrastructure. Further enhancing its appeal, a Phase 1 environmental study and utility capacity letters are available upon request for serious inquiries, providing comprehensive due diligence support for prospective buyers. This prime location and the readily available utilities make this a truly exceptional opportunity for industrial development in the rapidly growing Leander market. The property's address is 204 Heritage Grove Rd, Leander, TX 78641.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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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.