User Account Photo
Listing photo for 1516 E Palm Valley Boulevard, Round Rock, TX
Listing photo for 1516 E Palm Valley Boulevard, Round Rock, TX
Listing photo for 1516 E Palm Valley Boulevard, Round Rock, TX
Listing photo for 1516 E Palm Valley Boulevard, Round Rock, TX
Listing photo for 1516 E Palm Valley Boulevard, Round Rock, TX
Previous View the Previous slide Next View the next slide

1516 E Palm Valley Boulevard,

Round Rock, TX

$7,500,000

5.47 Acres

Merrell Campus is a 29,461 SF office campus made up of 6 buildings on 5.47 acres. The campus is located in a scenic open space set back from HWY 79 in the middle of Round Rock, less than two miles from Downtown Round Rock and only minutes from The Kalahari Resort and Convention Center and Dell Diamond. Among the scenic acreage of open space in the campus, there is potential for future redevelopment with options to add a +/- 4,900 SF building or removing one existing building and adding a 10,000 SF building in its place. Great investment opportunity to acquire a stable 100% leased cash-flowing property with tons of upside. Over eight years remaining on the lease term for the largest tenant and no other set to expire until Q3 2022. While the current rents are below market, as leases expire there is the opportunity to bring the tenants up to a market rate. The TXDOT construction project to improve safety and traffic flow on HWY 79 between IH 35 and A.W. Grimes is set to begin in 2023. Sale Price $7,500,000.00 NOI: $402,243.00 *Ability to build +/- 4,900 SF office on vacant pad

Facts & Features
MLS® # 3266707
Price $7,500,000
Bathrooms 0.00
Acres 5.47
Year Built 2001
Type Commercial Sale
Sub-Type Office
Status Active
Community Information
Address 1516 E Palm Valley Boulevard
Subdivision Halbert Sub
City Round Rock
County Williamson
State TX
Zip Code 78664
Amenities
Utilities See Remarks
Parking Asphalt
View Garden
Is Waterfront No
Has Pool No
Interior
Interior See Remarks
Heating See Remarks
Fireplace No
Exterior
Construction Brick, Frame, Masonry, Stone, Block, Glass, See Remarks
Foundation Slab, See Remarks
Additional Information
Foreclosure No
Short Sale No
RE / Bank Owned No
Photo of Caroline Fitzgerald

Caroline Fitzgerald

Cell: 469-233-1617

Property Listed by:

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from . Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

What's Your Home Worth? Find out now for free.

Let's Go