Property History
Property Type
Property Type
Property Subtype
Marketing Description
505 E Palm Valley Pkwy is a Class A, multi-tenant retail/office center on the busiest thoroughfare in the Round Rock area after I-35. The Parkway is a 4-lane road with a middle turn lane. The Property is in a very central location, with easy access from I-35, going east, and coming from Hutto going west. The center offers excellent signage, access, and visibility along E Palm Valley Pkwy. The Property includes a drive-through bank teller, multiple entries/exits with access back to E Palm Valley from Heritage Center Circle or the center’s curb-cut. With such low occupancy, the price reflects major upside in leasing up the remaining spaces of the building. The tenants are of long-term standing and of very sound credit. Not only can this Property be viewed as an excellent long term cash flowing asset, but there are also possible redevelopment opportunities for this site.
Investment Highlights
- Price: 5,000,000
- Parking Ratio: 4.24:1000
- Year Built: 2001
- Zoning: C-1 General Commercial
- Net Operating Income: $200,278
Loan History
Financial History
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Net Operating Income
Reporting Date
Tax History
Contact Information
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Ownership Information
Zoning
C1 CommercialGeneral CommercialGeneral Commercial
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View all 54 uses
View all 54 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
Property Details
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Comparable Properties
Rental Market Overview
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Round Rock, TX (this market)
Pflugerville, TX
Hutto, TX

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