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    1221-1225 Austin Ave Georgetown, TX 78626

    For Sale
    $1,600,000

    High-traffic, multi-unit property near downtown.

    Property size:
    3,116 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional investment opportunity encompasses a 0.47-acre lot at 1221-1225 S Austin Ave in Georgetown, Texas, just five blocks from the historic downtown square. The property boasts a total of 3,116 square feet of space distributed across four residential structures, offering significant potential for redevelopment or repurposing. The high-traffic location and high visibility ensure excellent exposure for any future business venture. The property features two curb cuts, providing convenient access. All structures on the property have undergone extensive renovations. Currently zoned residential, this versatile property presents a unique chance to capitalize on Georgetown's thriving growth. The strategic location near the vibrant downtown square offers unparalleled access to local amenities and a strong community presence. This is an ideal investment for those seeking a high-return opportunity in a prime location. The existing structures provide a solid foundation for a variety of commercial uses, subject to necessary zoning approvals. The substantial lot size allows for ample expansion or redevelopment possibilities. This property offers a rare blend of location, size, and potential, making it an exceptional investment opportunity in the heart of Georgetown. Serious inquiries only.

    Property Features for 1221-1225 Austin Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,116 SF
    Lot Size
    20,473 SF

    Building Details

    Year Built
    1945
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Georgetown
    County
    Williamson
    State
    Texas
    Longitude
    -97.67772
    Latitude
    30.63227

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic, multi-unit property near downtown.
    Where is this commercial real estate located?
    The property is located at 1221-1225 Austin Ave Georgetown, TX.
    What is the asking price?
    The asking price for this property is $1,600,000.
    (512) 864-1345
    Request Owner's contact information
    1221-1225 Austin Ave Georgetown, TX 78626
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1221-1225 Austin Ave Georgetown, TX 78626
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