16740 Ronald Reagan Blvd - 5.4 Acr. Retail Commercial Ronald Regan Blvd 5.4 Acres of Commercial Land Offered at $6,773,180 CAD in Leander, TX 78641

City – City of Leander, approximately 20 miles from Downtown Austin and widely recognized as one of the fastest-growing markets in the U.S. largely due to strong employment expansion, top-rated schools, and access to major transportation corridors.
Total Site Area – +/- 5.403 acres with fully approved site plan, and a building permit for two of the buildings.
Planned Development – 4 buildings totaling 52,400 square feet (approximately 30,000sf retail and 22,400sf office), ideal for retail, medical, or professional office users.
Utilities – Available – all in close proximity.
Access – Direct frontage on Ronald Reagan Blvd, providing exceptional visibility with strong and growing traffic counts (currently exceeding 52,000 vehicles per day). The Ronald Reagan Blvd corridor is evolving into a primary retail spine for northwest Austin suburbs, with national and regional retailers already establishing a presence nearby, including
major anchors, quick-service restaurants, and daily-needs retail.
Area – Ideally positioned within the Sarita Valley growth corridor and surrounding master-planned communities, placing it directly in the path of residential and commercial expansion. This location provides immediate access to a rapidly densifying suburban population migrating from Austin in search of affordability and quality of life.
Trade Area Demographics & Growth
• Population Growth: Projected increases of approximately 27–29%
within a 3- to 5-mile radius over the next five years
• Population Base: Over 150,000–200,000 residents within a 5-mile
radius and expanding rapidly
• Household Growth: Nearly 28% projected growth, reflecting
sustained residential development
• Median Household Income: $120,000–$144,000+, indicating strong
consumer purchasing power
• Average Household Income: Exceeds $160,000 in surrounding
areas, reinforcing high-end spending capacity