706 Leander Dr, Leander, TX 78641
- $8,500,000
- List Price
- $8,500,000
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- 1939960
- Price Change
- ▼ $1,500,000 1783547490
- Days on Market
- 282
- Lot Size
- 140,001
- Area
- Cedar Park/Leander, Northwest Travis Co.
Property Description
$10,000,000 Investment Opportunity | 706 Leander Drive Leander Heights Business Park: 8-Building Flex-Industrial Campus 706 Leander Drive offers a high-yield portfolio opportunity to acquire a versatile, eight-building commercial campus in the heart of the Austin-metro’s most explosive growth corridor. Spanning approximately 3.2 acres, this established business park is perfectly positioned for an investor seeking a unified campus or an owner-user requiring a multi-structure headquarters. The Assets: The campus consists of eight standalone structures, strategically designed to provide a mix of professional office-flex and industrial utility: Professional Office-Flex (6 Buildings): Featuring modern glass storefronts and flexible interior configurations, these buildings are ideal for medical, corporate, and tech-service providers requiring a high-profile presence. Industrial Warehouse (2 Buildings): Two dedicated structures provide high-clearance, functional space with roll-up door access, optimized for trades, distribution, and light fabrication. Strategic Upside & Future Flexibility: The property’s unique eight-building layout offers significant long-term flexibility. While currently operated as a single unified campus, the site’s physical configuration provides a compelling foundation for a future investor to explore a condominium regime or formal subdivision (subject to city and county approvals). This "exit strategy" potential offers a distinct value-add path for those looking to eventually divest individual buildings. Prime Location: Located one mile north of Crystal Falls Parkway between Highway 183 and Toll Road 183-A, the property sits at the epicenter of Leander’s commercial expansion, providing premier logistical access to the Greater Austin area. Financing: A prime candidate for SBA 504 financing, allowing qualified owner-users to secure a multi-building corporate campus with as little as 10% down.
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Additional Information
- Taxes
- $138,504
- Tax Year
- 2025
- Year Built
- 2018
- Parking Spaces
- 168
- Construction
- See Remarks
- Region
- Cedar Park/Leander, Northwest Travis Co.
- Sewer
- Public Sewer
- Stories
- 1
- Street Name
- Leander Dr
- Street Number
- 706
- Neighborhood
- Leander Heights Sec 03
- Water
- Public
- Acres
- 3.21
- County
- Williamson
- Floor
- See Remarks
- Heating
- See Remarks
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Listing courtesy of CENTURY 21 Integra. Contact: (800) 844-7653
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