2111 Palm Vly Blvd Round Rock, TX 78665-4566
- Commercial real estate
- 7,665 SF
- 1.93 lot acres
Current Use by Public Records
- Rosa's Café & Tortilla Factory / Restaurant
Property Details for 2111 Palm Vly Blvd
- Year built
- 2015
- Lot size
- 1.93 lot acres
- Property size
- 7,665 SF
- Property type
- Commercial real estate
- APN
- R-16-4063-000A-0002R
- APU
- R164063000A0002R
Description
This exceptional 3.67-acre commercial land offering presents a remarkable opportunity in the thriving Round Rock, Texas market. Strategically located at 2111 E Palm Valley Blvd, 78664, these pad sites benefit from high visibility and exceptional traffic counts due to their proximity to Highway 79. The location is surrounded by established national retailers, including a prominent H-E-B grocery store, ensuring consistent customer flow and brand recognition. The property's advantageous position places it west of the Kalahari Resorts and Conventions center and east of the H-E-B, maximizing exposure to a large and diverse customer base. The surrounding area boasts a vibrant mix of restaurants and retail establishments, including Rosas Cafe, Dutch Bros Coffee, Torchy's Tacos, and Schlotzsky's, further enhancing the site's appeal and potential. The strong demographics of the Round Rock area, coupled with the proximity to Dell Diamond, contribute to a robust and promising investment opportunity. This prime location offers significant potential for developers seeking to capitalize on the area's growth and high demand for commercial space. The property's size and location make it ideal for a variety of commercial developments.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,725,000
- 6.5%
- $1,590,000
- 7%
- $1,480,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,006,000
Market price range: $422k - $2.35M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,330,000 Current use
- OFFICE BUILDING
- $2,050,000 Change: +54% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Round Rock
- County
- Williamson
- State
- Texas
- Longitude
- -97.6528
- Latitude
- 30.5176
- CBSA code
- 12420
- CBSA name
- AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA