Fronting Ranch Road 620— with 35,300 vehicles per day—this multi-tenant office property delivers immediate income with future flexibility. The 3,904 SF building sits on an improved ±20,577 SF (0.4724 acres) site and is fully leased to long-standing tenants. While most tenants have operated from the property for years, lease expirations… Read More are near-term, creating a natural inflection point for a new owner to reposition the asset and capture market rent growth. A new roof completed in 2024 addresses a major capital item and supports a value-add strategy focused on repositioning, leasing, and long-term asset optimization. The offering also includes an adjacent ±12,000 SF undeveloped parcel, with both parcels zoned C-1 (Office / Retail). This zoning provides flexibility for future expansion, alternative commercial uses, or longer-term redevelopment strategies, enhancing the property’s covered land value. An ideal acquisition for investors who understand that income provides stability, lease rollover creates upside, and zoning creates options. Read Less
Property listed by Compass RE Texas, LLC 512-575-3644 (512) 718-4420
Listing Snapshot
Days Online
107
Last Updated
Property Type
Other
Square Ft.
3,904
Lot Size
0.47 Acres
Year Built
1970
MLS Number
6789037
Additional Details
Building
2 total stories, Built in 1970, 3904 total building sqft, No Loading, Vinyl Siding, Wood Siding
Disclosures
Lead Based Paint Disclosure
Expenses
Operating Expense: $55,399
Foundation
Slab
Income
Gross Scheduled Income: 114012
Lot
0.4724 acres, Area: 0.4724, Flat
Parking
Additional Parking
Property
Single building, Topography: Level
Sewer
Aerobic Septic
Taxes
Year: 2025
Utilities
Electricity Connected
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