11880 Hero WayLeander, TX 78641

Property Details for 11880 Hero Way

Year built

2010

Lot size

14.70 AC

Property size (Sq ft)

27,875 SF

Property type

Commercial real estate

APN

R-17-W309-4000-0001-B004

APU

R17W30940000001B004

Description

This exceptional 16,500-square-foot flex space, located at 11880 Hero Way W in Leander, Texas 78641, presents a unique opportunity for businesses seeking versatile commercial space. The property is currently fully vacant and offers multiple tenancy options, with a minimum divisible space of 4,500 square feet and a maximum contiguous space of 12,000 square feet. Ideal for retail or industrial uses, this property boasts a flexible layout adaptable to a variety of business needs. Its strategic location in Leander, Texas provides excellent access to major transportation routes, ensuring convenient commutes for employees and efficient logistics for businesses. The property's total square footage is 16,500 square feet, providing ample room for expansion and growth. With its combination of retail and industrial suitability, this property is perfectly positioned to cater to a diverse range of businesses. The property is ready for immediate occupancy, allowing businesses to quickly establish their operations. Interested parties are encouraged to inquire about lease terms and availability. This is a rare opportunity to secure a substantial and adaptable commercial space in a thriving Texas market. The property's address is easily accessible and well-suited for both customer traffic and efficient supply chain management.

• CAP approach

  CAP return

  Valuation

  6%

  $9,301,510

  6.5%

  $8,586,010

  7%

  $7,972,720

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,345,500

  Geo Method

  $8,345,500

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $17,952,900

  Retail / Commercial

  $9,000,790

  Mixed-Use / Specialty

  $8,806,880

  Hospitality / Lodging

  $6,250,640

  Office

  $8,586,010

  Institutional / Educational

  $9,097,770

  Residential Income

  $10,644,400

  Multifamily

  $13,663,400

  Automotive / Energy

  $7,798,090

  Parking / Income-Based Land

  $2,850,900

  Restaurant / Food Service

  $4,235,170

  Healthcare / Senior Housing

  $9,197,230

Location Insight

City

Leander

County

Williamson

State

Texas

Latitude

30.5791

Longitude

-97.8704

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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