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.
Property Details
| Status | Active |
| MLS # | ACT212713659 |
| Taxes | $138,505 (2025) / year |
| Type | Commercial Sale |
| Year Built | 2018 |
| Stories | 1 |
| Living Area | 42,000 Sq. Ft. |
| Lot Size | 3.21 AC / 140,001 SF |
| County | Williamson |
| Subdivision | Leander Heights Sec 03 |
Property Information
Parking
Utilities & Construction
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
Property History
| Date | Event | Price |
|---|---|---|
| Feb 15, 2026 | Listed (Active) · MLS# ACT212713659 | $10,000,000 |
| — | Original List Price | $12,000,000 |
Full transaction history may not be available. Data sourced from ACTRIS MLS.
Public Records
| Total Sq. Ft. | 42,000 |
| Stories | 1 |
| Lot Size | 140,001 Sq. Ft. |
| Style | Commercial Sale |
| County | WILLIAMSON |
| MLS # | ACT212713659 |
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Payment Estimate
For illustrative purposes only. Contact a lender for accurate figures.