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Investment Highlights

  • Heavy foot traffic
  • Flexible Development Potential
  • Public Utilities Available
  • Corner Lot
  • Strong Growth Corridor

Executive Summary

Positioned on a prime corner along Ronald Reagan Blvd and County Rd 264 presents a rare opportunity for commercial buyers and investors looking to capitalize on growth in the surrounding area. It is located within the City of Leander’s “Activity Center” future land use designation, offering a defined pathway for entitlements supporting both commercial and residential development. With excellent visibility and accessibility, this corner lot offers ideal frontage for a wide range of potential uses, making it a strategic acquisition for both immediate development and long-term hold. The property benefits from public utilities available in the area, providing a significant advantage for future development and reducing upfront infrastructure costs. Its location supports strong traffic exposure while still offering flexibility for various commercial concepts, including retail, office, service-based businesses, or mixed-use potential (subject to zoning and approvals). Surrounded by ongoing development and expanding residential rooftops, this site is perfectly positioned to meet increasing demand in the market. Whether you're an investor seeking appreciation or a business owner looking for a high-visibility location, this corner lot offers the foundation for a valuable and scalable opportunity. Don’t miss your chance to secure a well-located commercial tract in a rapidly growing corridor.

Property Facts

Price $4,774,840 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Bank
  • Carwash
  • Community Centre
  • Tienda de conveniencia
  • Daycare Centre
  • Hospital
  • Neighbourhood Centre
  • Office Park
  • Open Space
  • Religious Facility
  • Restaurant
  • Retail Warehouse
  • Self Storage
  • Storefront, Retail or Office
  • Strip Centre
  • Warehouse
Total Lot Size 4.28 AC

1 Lot Available

Lot

Price $4,774,840 CAD
Price Per AC $1,115,616.86 CAD
Lot Size 4.28 AC

AW0559 AW0559 - SMITH, A. SUR., ACRES 4.284

Description

Prime Corner Location: Strategically positioned at Ronald Reagan Blvd & County Rd 264, offering exceptional visibility and high traffic exposure. Strong Growth Corridor: Located in a rapidly expanding area of Leander with increasing residential rooftops and ongoing development driving demand. Future Land Use Advantage: Situated within the City of Leander’s “Activity Center” designation, supporting a clear path toward commercial and mixed-use entitlements. Flexible Development Potential: Ideal for a variety of uses including retail, office, service-based businesses, or mixed-use projects (subject to zoning and approvals). Public Utilities Available: Access to nearby utilities reduces development costs and accelerates project timelines. Excellent Accessibility: Frontage along a major thoroughfare ensures ease of access for customers, tenants, and future occupants. High Visibility for End Users: Perfect for owner-users or investors seeking strong branding exposure and long-term positioning. Scalable Investment Opportunity: Suitable for both immediate development or long-term hold with appreciation upside. Supply-Demand Imbalance: Positioned to benefit from increasing commercial demand driven by surrounding population growth. Rare Offering: Limited availability of corner commercial tracts in this high-growth corridor enhances long-term value.

Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
R032339
Land Assessment
$1,303,851 CAD
Improvements Assessment
$419,102 CAD
Total Assessment
$1,722,953 CAD
  • Listing ID: 40026624

  • Date on Market: 2026-04-03

  • Last Updated:

  • Address: 51 County Road 264, Leander, TX 78641

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