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801 Ranch Road 620 S
801 Ranch Road 620 S
801 Ranch Road 620 S
801 Ranch Road 620 S
801 Ranch Road 620 S
801 Ranch Road 620 S
801 Ranch Road 620 S
801 Ranch Road 620 S
801 Ranch Road 620 S
801 Ranch Road 620 S
801 Ranch Road 620 S
801 Ranch Road 620 S
801 Ranch Road 620 S
801 Ranch Road 620 S
801 Ranch Road 620 S
801 Ranch Road 620 S
801 Ranch Road 620 S
801 Ranch Road 620 S
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Courtesy of Compass RE Texas, LLC, Kathy Denny Listing Contact: (512) 718-4420 
$1,500,000

801 Ranch Road 620 S

3,904 Sq.Ft. 0.47 Acres

Description

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 property's covered land value. An ideal acquisition for investors who understand that income provides stability, lease rollover creates upside, and zoning creates options.

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Location

801 Ranch Road 620 S, Lakeway, TX 78734

Status

For Sale

Property Amenities

Area & Lot
Total area 3,904 Sq.Ft.
Lot Area 0.47 Acres
Living area 3,904 Sq.Ft.
MLS® ID 6789037
Year Built 1970
Type Commercial
Status For Sale
Exterior
Stories 2
Air conditioning Ceiling Fan(s), Electric, Multi Units, Varies by Unit
Heat type See Remarks
Water Source Public
Sewer Aerobic Septic
Parking See Remarks, Additional Parking
Utilities Electricity Connected
Finance
Sales Price $1,500,000
Real Estate Tax $16,079 yearly
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Thank you for your interest in 801 Ranch Road 620 S, Lakeway, TX 78734. We are reviewing your request and will be in touch shortly!

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Lakeway

30° 22' 05" N, 97° 59' 30" W

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