510 East Palm Valley Blvd Round Round Rock, TX 78664
For Lease
This exceptional 2.15-acre property located at 510 East Palm Valley Boulevard in Round Rock, Texas, presents a unique investment opportunity. The existing single-story structure encompasses 3,200 square feet, complemented by a roughly 700-square-foot garage. Situated in a C-2 modified zoning district (per PUD #76), this versatile property allows for a wide range of uses, including office space, medical facilities, daycare centers, senior living accommodations, funeral homes, restaurants, and limited neighborhood retail (subject to specific exceptions). The property's adaptability makes it ideal for various business ventures. Approximately 0.3 acres fall within the floodplain, as indicated by FEMA maps. The property's substantial size and flexible zoning provide significant potential for development and expansion. This prime location in Round Rock, Texas, offers excellent visibility and accessibility, making it an attractive proposition for investors seeking a high-return asset in a thriving community. The 78664 zip code ensures convenient access to major transportation routes and a robust local economy. This is a rare opportunity to acquire a sizable property with diverse usage potential in a desirable Texas location.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.