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107 N US Hwy 183 1,920 SF Retail Building Leander, TX 78641 $1,330,300 CAD ($692.86 CAD/SF) 5.66% Cap Rate
Executive Summary
.25 Acre - Stand Alone - US 183 Retail property | Old Town Leander, TX
High-visibility highway property in booming Leander, TX, located in Downtown / Old Town Leander with excellent exposure along US Highway 183.
Property Highlights:
Prime US 183 frontage with strong daily traffic
Four-sided brick building
2006 Build
1920 Sqft
Numerous windows providing excellent natural light
Bright, well-lit interior with recessed lighting
Full HVAC
One bathroom
Private office
Large open main room ideal for retail or office use
Room to expand parking
Location & Growth:
Situated in Old Town Leander
Part of the City of Leander’s approved Downtown Revitalization Program
Area planned for a more walkable, active downtown environment
Potential infrastructure and façade reimbursement incentives (buyer to verify with City)
Investment Notes:
Projected minimum 5% cap rate
Survey available — text agent
High-visibility highway property in booming Leander, TX, located in Downtown / Old Town Leander with excellent exposure along US Highway 183.
Property Highlights:
Prime US 183 frontage with strong daily traffic
Four-sided brick building
2006 Build
1920 Sqft
Numerous windows providing excellent natural light
Bright, well-lit interior with recessed lighting
Full HVAC
One bathroom
Private office
Large open main room ideal for retail or office use
Room to expand parking
Location & Growth:
Situated in Old Town Leander
Part of the City of Leander’s approved Downtown Revitalization Program
Area planned for a more walkable, active downtown environment
Potential infrastructure and façade reimbursement incentives (buyer to verify with City)
Investment Notes:
Projected minimum 5% cap rate
Survey available — text agent
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
1,920 SF
Building Class
C
Year Built
2006
Price
$1,330,300 CAD
Price Per SF
$692.86 CAD
Cap Rate
5.66%
NOI
$75,295 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.25 AC
Zoning
GC-3C - Currently GC-3C or City has approved T5 - URBAN CENTER
Parking
10 Spaces (5.21 Spaces per 1,000 SF Leased)
Frontage
90’ on U.S. 183
Amenities
- Pylon Sign
- Recessed Lighting
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | R036101 | Improvements Assessment | $135,606 CAD |
| Land Assessment | $616,591 CAD | Total Assessment | $752,197 CAD |
Property Taxes
Parcel Number
R036101
Land Assessment
$616,591 CAD
Improvements Assessment
$135,606 CAD
Total Assessment
$752,197 CAD
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107 N US Hwy 183
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