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Property profile & analytics
FOR SALE
Commercial real estate

2111 A W Grimes Blvd Round Rock, TX 78664

2.55 ac lot
Individually Owned 9-yr Hold
Property ID
US82-1533417
2111 A W Grimes Blvd, Round Rock, TX 78664 For Sale
$1,999,999
2111 A W Grimes Blvd, Round Rock, TX 78664
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Property summary
AI-generated overview

This exceptional 2.55-acre (111,078 square foot) commercial land parcel presents a remarkable development opportunity in Round Rock, Texas. Strategically located at the northeast corner of A.W. Grimes Boulevard and Town Centre Drive, this cleared corner lot boasts excellent visibility and high traffic counts. Daily traffic averages 22,790 vehicles on A.W. Grimes, 26,751 at the Gattis School Road intersection, and a substantial 56,112 along the nearby Toll Road 45. The property is zoned C-1 General Commercial use under PUD #56 within the City of Round Rock. Its prime location is surrounded by numerous residential subdivisions and multi-family apartments, ensuring a strong customer base. The site benefits from its proximity to three Dell locations (RR 3 East, Dell 7 & 8, and Dell Round Rock 2), further enhancing its appeal. City infrastructure is in place for utilities. This property is situated in Williamson County, zip code 78664, and enjoys the advantages of being in Round Rock, a rapidly growing city with a population increase of 33.3% in the last decade. The area boasts an average household income of $110,000 within a three-mile radius, indicating a strong market for commercial development. This location offers direct access to Toll Road 45 and Interstate 35, providing unparalleled accessibility. The fastest-growing large county in the U.S. (per the U.S. Census Bureau) offers a thriving market for this exceptional commercial land opportunity.

Property profile
Verified
Property type Commercial real estate
Lot 2.55 ac (111,078 SF)
UPID US82-1533417
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
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by Request
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Comparable Approach Comparable
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Owner & transaction history
Morteza Shafinury · 9 yrs held
Morteza Shafinury
since 2016
2 recorded transactions
2024
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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