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706 Leander DR Leander, TX 78641

Price Dropped by $2.0M
$10,000,000
706 Leander DR Leander, TX 78641
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706 Leander DR, Leander, TX 78641
706 Leander DR, Leander, TX 78641
706 Leander DR, Leander, TX 78641
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Sanjit Tamhane

Sanjit Tamhane

sanjit.tamhane@gmail.com +1(512) 599-7713
$10,000,000
Est. payment /mo
42,000 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 42,000 sqft

Price per Sqft $238

Subdivision Leander Heights Sec 03

MLS Listing ID 1939960

Year Built 2018

Annual Tax Amount $138,504

Tax Year 2025

Lot Size 3.214 Acres

Acres 3.214

Property Sub-Type Mixed Use

Source actris

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.

Location

State TX

County Williamson

Zoning Business Park office and

Interior

Heating See Remarks

Cooling See Remarks

Flooring See Remarks

Fireplace No

Exterior

Utilities Available None

Total Parking Spaces 168

Private Pool No

Building

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type See Remarks

New Construction No

Others

Special Listing Condition Standard


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Listed by CENTURY 21 Integra

NEARBY SCHOOL & BUSINESS

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Sanjit Tamhane

Sanjit Tamhane

+1(512) 599-7713

Agent | License ID: 0714674

Agent License ID: 0714674

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Sanjit Tamhane License ID: 0714674

+1(512) 599-7713 sanjit.tamhane@gmail.com

305 Denali Pass Suite C, Park, TX, 78613

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