1514 Palm Valley Blvd Round Rock, TX 78664

Exceptional investment opportunity in Round Rock, Texas, presents a six-building office campus totaling 29,461 square feet on a 5.47-acre lot. Located at 1514/1516/1518 Palm Valley Blvd, this property boasts a scenic, open-space setting just off Highway 79, less than two miles from downtown Round Rock and minutes from The Kalahari Resort and Convention Center and Dell Diamond. Currently 100% leased, this cash-flowing asset offers significant upside potential. The largest tenant has over eight years remaining on their lease, with no other leases expiring until Q3 2022. Current rents are below market, providing an opportunity to increase revenue as leases renew. The property also presents redevelopment potential, with options to add approximately 4,900 square feet to an existing building or replace a building with a new 10,000 square foot structure. The asking price is $7,500,000, translating to $254.57 per square foot. A Texas Department of Transportation (TXDOT) project to improve Highway 79 is slated to begin in 2023, further enhancing the property's value and accessibility. This is a rare chance to acquire a stable, income-producing asset with substantial long-term growth prospects.