201 Palm Valley BlvdRound Rock, TX 78664

Property Details for 201 Palm Valley Blvd

Year built

2013

Lot size

0.56 AC

Property size (Sq ft)

6,813 SF

Property type

Commercial real estate

APN

R-16-3913-0000-0002

APU

R16391300000002

Description

This exceptional 4,850 square foot commercial building, located at 201 W Palm Valley Blvd in Round Rock, Texas, presents a unique investment opportunity. Previously a bank for over 40 years, this Class B property boasts a highly visible location just east of IH-35, surrounded by national credit tenants and benefiting from significant traffic flow at a lighted intersection. The building is currently vacant, offering flexibility for a variety of uses, including its potential return to banking or conversion into office space. Key features include existing drive-through lanes and an ATM lane, easily adaptable for additional parking or other uses. The property is zoned for commercial use and is offered fee simple, providing complete ownership. The asking price is $2,949,000, translating to $608.04 per square foot. This turnkey property benefits from its established history and prime location, making it an attractive prospect for investors seeking a high-traffic, readily adaptable commercial space in a thriving Texas market. The building's convenient location on the "go-home" side of the road ensures high visibility and accessibility. This is a rare opportunity to acquire a well-situated, versatile property with significant potential for future growth and profitability in the dynamic Round Rock area. The property's previous use as a bank provides a solid foundation for a variety of commercial ventures. The building's existing infrastructure, including drive-through lanes, offers significant advantages for potential buyers.

• Alternative Use

  Use

  Valuation

  Residential

  $1,700,510

  Hospitality

  $1,557,658

  Educational

  $1,295,954

  Medical

  $1,340,523

  Retail

  $2,015,928

Location Insight

City

Round Rock

County

Williamson

State

Texas

Latitude

30.5174

Longitude

-97.6842

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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