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 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 propertys covered land value. An ideal acquisition for investors who understand that income provides stability, lease rollover creates upside, and zoning creates options.
Listed By
Agency Name: Compass RE Texas, LLC
Agency Contact: (512) 718-4420
Shown By
Agent Name: Brian Kerman
Agent Phone: (512) 921-4490
Agency Title: Realty Capital City
801 Ranch Road 620 S | MLS# 6789037
This commercial property located at 801 Ranch Road 620 S, Lakeway, TX 78734 is currently listed for sale with an asking price of $1,500,000. Search Lakeway real estate on www.briankerman.com today.