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Two-Story Office and Retail Building

1102 S Rock St Georgetown, TX 78626

1102 S Rock St, Georgetown, TX, 78626
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For Sale
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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 Market167

Property Features for 1102 S Rock St

General Information

Standard status
Active
Size
3,364 SF
Lot size
0.19 Acres
Property subtype
Retail, Office

Building Details

Year Built
1910
Listing agency Headwater Commercial Realty, LLC
Listed by Alicea Leeper · License #TX826500
Source Crexi
Added: Feb 6 Updated: Jul 22 at 1:30PM Checked: Jul 22 at 1:30PM

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 Realty, LLC


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.

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

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $141.3k $42.00
− Vacancy −$34.3k −$10.21
EGI $107.0k $31.79
− OpEx −$26.7k −$7.95
NOI $80.2k $23.85
3,364 SF · lease $42.00/SF/yr · vacancy 24.30% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.15M
$1.00M – $1.34M (±1% cap)
NOI $80,216 @ 7.0% cap · market cap 4.72%
Second Best
Retail
$846.2K
$740.4K – $987.2K (±1% cap)
NOI $59,234 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$1.41M
$1.23M – $1.64M (±1% cap)
NOI $98,437 @ 7.0% cap · market cap 5.79%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Georgetown Commercial Properties Real Estate Agency Studio one Salon Hair Salon San Gabriel Project ... Construction Company Headwater Real Estate Agency The Glowhouse Hair Salon

Suggested Use

(Bike/Boat/Book/etc) Store Electrical Service Locksmith Carpet & Flooring Store Catering Service (Bike/Boat/Book/etc) Store Plumbing Service (Bike/Boat/Book/etc) Store Clothing & Fashion Store Pet Grooming Service

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

FAQs

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
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