737-208-1950
2085 Highway 183, Leander, TX for Sale
Storefront Retail/Office CONDO - FOR SALE
1/13
1,087-3,236 SF | Request Cap Rate

2085 Highway 183
Leander, TX 78641


HIGHLIGHTS

  • Spur Plaza is a prospective development offering mixed-use commercial condos ideal for a blend of office- and retail-type businesses.
  • Spaces oriented toward Highway 183 with signage available, providing identity-amplifying exposure to over 35,000 vehicles per day.
  • Own property and save on rental costs as rates for commercial properties within 3 miles of Spur Plaza rose by 18% from 2020 to 2025.
  • Consumer-based businesses will enjoy a robust retail trade area as residents within a 10-minute drive report an annual household income of $125,000.
  • The number of households within a 5-mile radius grew by 42.4% from 2020 to 2024, underpinning this area’s swelling demand.

OVERVIEW

Build equity and secure a premium place of business by acquiring one of these incoming commercial mixed-use condos at Spur Plaza. Spur Plaza is an incoming development featuring a blend of retail spaces on the first floor and office spaces on the second floor. The units can be used for a spectrum of business types, such as specialty fitness, boutiques, services, light medical offices, consulting, and more. Spur Plaza will have vibrant glass storefront entrances and balcony options on the second floor with ample parking to accommodate employees and consumers. Businesses will be able to assert a commanding presence in this abounding market with available signage oriented towards Highway 183. New suburbs, multifamily communities, restaurants, stores, and medical offices are quickly popping up along this part of Highway 183, establishing this as a strong commercial corridor. New residents are drawn here due to the reasonable housing costs and connectivity throughout the Austin metro, reinforcing the local consumer and labor pools with affluent, well-educated households. Many families are naturally drawn to the immediate area with about 10 schools or private learning academies within a 10-minute drive. As more people come to the area, rents are consistently edging higher, making owning real estate here even more important to build valuable equity while abating rental increases.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

# OF UNITS

29

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

STATUS

Proposed

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Spur Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

undefined, Health Club, Office Live/Work Unit

TOTAL BUILDING SIZE

22,654 SF

STORIES

2

BUILDING CLASS

-

YEAR BUILT

-

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

18 AC

LAND SF

784,080 SF

ZONING

Light Industrial

APN/PARCEL ID

R620030

ASK ABOUT THIS PROPERTY

Mallik GilakattulaThe Prime DeveloperMore Info
737-208-1950

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Mallik GilakattulaThe Prime DeveloperMore Info
737-208-1950

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.