2111 A W Grimes Blvd Round Rock, TX 78664
For Sale
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.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.