Two-Story Office and Retail
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1102 S Rock St, Georgetown, TX 78626
Two-story commercial building on a 0.191-acre parcel, zoned MUDT for flexible office, retail, medical, or service uses.
Property Size3,364 SF
Lot Size0.19 Acres
Price / SF$505.35
Days on Market258
Property Features for 1102 S Rock St
General Information
Standard status
Active
Size
3,364 SF
Total Parking Spaces
3
Lot size
0.19 Acres
Property subtype
Retail, Office
Zoning
MUDT (Mixed Use Downtown)
Investment Type
Owner/User
Amenities
private parking
Building Details
Year Built
1910
Stories
2
Listing Agency:
Headwater commercial
Listed By:
Alicea Leeper · License #TX826500
Source:
Crexi
Added: Feb 6
Changed: Oct 15
Last Checked: Oct 20 at 9:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Headwater commercial
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Investment Insights
Based on property information with market context.
1102 S Rock St is a two-story commercial building offering 3,364 square feet of flexible interior space. The property is described as having updated interiors and historic character, with a layout designed to support a range of business needs, including potential reconfiguration for single or multi-tenant occupancy.
The building sits on a 0.191-acre parcel and is zoned MUDT (Mixed Use Downtown), which the listing states can accommodate office, retail, medical, or service-oriented operations. The property also includes private parking and is located just blocks from the historic Square in Georgetown.
As presented, this is a versatile downtown asset for continued use as a professional office or for repositioning into other permitted commercial formats within the mixed-use downtown zoning parameters.
The building sits on a 0.191-acre parcel and is zoned MUDT (Mixed Use Downtown), which the listing states can accommodate office, retail, medical, or service-oriented operations. The property also includes private parking and is located just blocks from the historic Square in Georgetown.
As presented, this is a versatile downtown asset for continued use as a professional office or for repositioning into other permitted commercial formats within the mixed-use downtown zoning parameters.
Key Highlights
- ±3,364 SF two‑story commercial office building built in 1910
- On a ±0.191‑acre parcel with zoning MUDT (Mixed Use Downtown)
- Flexible use for office, retail, medical, or service‑oriented operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,216
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,604,320
$1.6M
Cap Rate 7%
$1,145,943
$1.1M
Cap Rate 9%
$891,289
$891.3K
Market Conditions
NOI Build-Up for 3,364 SF
Gross rent
$141.3K $42.00/SF
− Vacancy
−$34.3K −$10.21/SF
EGI
$107.0K $31.79/SF
− OpEx
−$26.7K −$7.95/SF
NOI
$80.2K $23.85/SF
Area
Williamson County, TX
Vacancy
24.30%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,604,320
Cap Rate 7%
$1,145,943
Cap Rate 9%
$891,289
Alternative Uses
Best Use
Office B
$1.15M
$1.00M – $1.34M
NOI $80,216 @ 7.0% cap · market cap 4.72%
Second Best
Retail
$846.2K
$740.4K – $987.2K
NOI $59,234 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$1.41M
$1.23M – $1.64M
NOI $98,437 @ 7.0% cap · market cap 5.79%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,887
Businesses Nearby
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Business Placement
Demographics for 78626, TX
39,935
Population
16,866
Households
2.4
Avg Household Size
34
Median Age
36%
College-Educated
90%
High-School Grad
88.6 sq mi
ZIP Area
451
Density / Sq Mi
$94,967
Median Household Income
$44,955
Median Earnings
$1,752
Median Rent
$358,500
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Two-story commercial building on a 0.191-acre parcel, zoned MUDT for flexible office, retail, medical, or service uses.
Where is this office building located?
The property is located at 1102 S Rock St Georgetown, TX.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: ±3,364 SF two‑story commercial office building built in 1910; On a ±0.191‑acre parcel with zoning MUDT (Mixed Use Downtown); Flexible use for office, retail, medical, or service‑oriented operations
