Active Under Contract Commercial MLS# ACT1939960

706 Leander Dr

Leander, TX 78641

$8,500,000

About 706 Leander Dr

$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.

Property details

Property

Type
Mixed Use
MLS type
Commercial Sale
Status
Active Under Contract
Year built
2018
Stories
1
Lot
3.214 AC / 140,001 SF
Original price
$12,000,000
MLS #
1939960

Exterior & lot

Foundation
Slab
Parking
Concrete

Utilities

Water
Public
Sewer
Public Sewer

Financial

Annual tax
$138,505
Tax year
2025
Parcel
17W338000B00210004
Legal
S3980 - LEANDER HEIGHTS SEC 3, BLOCK B, LOT 21, ACRES 3.214
Special conditions
Standard

Location

Subdivision
Leander Heights Sec 03
County
Williamson
Directions
Head North on 183A Toll Road (or the non-tolled US-183 frontage road). Take the exit for San Gabriel Pkwy/FM 2243/TX-29. You will need to exit onto the northbound frontage road if you are in the tolled lanes. Turn left onto W San Gabriel Pkwy (FM 2243). Cross over the highway. Turn left onto S US-183 Frontage Rd (heading southbound). Turn right onto Leander Dr (this is the same road as the destination address). Turn right onto Leander Heights Dr. Your destination will be on the right at 706 Leander Heights.

Location

Neighborhood
Leander Heights Sec 03

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Listed by Julie Mattoon, CENTURY 21 Integra

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.