Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2301 Westinghouse Rd Georgetown, TX 78626

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office space in a developing community near major amenities.

    Property size:
    2,790 SF
    Lot size:
    4.48 Acres

    Property Features for 2301 Westinghouse Rd

    General Information

    Size
    2,790 SF
    Lot size
    4.48 Acres

    We can help!

    Listing Contact
    Alyssa Stevens
    Alyssa Stevens
    Source: Moodyscre

    Listing Agency: North Forest Office - Austin Listing Agent: Alyssa Stevens

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

    Learn more

    Property Insight Report

    Overview

    Office Space Near Housing Development

    This office park is situated in a developing community, adjacent to a 1,555-acre housing development and Georgetown Elementary School. The location is just minutes east of Interstate 35, on the border of Round Rock and Georgetown. Baylor Scott & White and Seaton Medical Centers are located 2 to 3 miles away. Shopping and dining options are accessible within 6 minutes at Round Rock Premium Outlets. The available office space measures 2790 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Georgetown
    County
    Williamson
    State
    Texas
    Longitude
    -97.6542435
    Latitude
    30.5907734

    Nearby Similar for Lease

    • $5,383 /Mo

      Retail/Office Space on Williams Drive

      1,700 SF retail/office space in Georgetown, Texas.
      4701 Williams Dr, Georgetown, TX 78633
      View Details
    • $3,300 /Mo

      Retail Space in Georgetown, TX

      Retail space with high visibility, located off IH 35.
      204 S Interstate 35, Georgetown, TX 78628
      View Details
    • $2,500 /Mo

      Georgetown Office Space For Rent

      Second-story office space in Georgetown with ample parking.
      1603 Northwest Blvd, Georgetown, TX 78628
      View Details
    • $1,295 /Mo
      Pending

      Georgetown Office Unit For Rent

      Functional 650 sq ft office unit near downtown Georgetown.
      1915 S Austin Ave, Georgetown, TX 78626
      View Details
    • $1,295 /Mo
      Pending

      Georgetown Office Unit For Rent

      Functional 650 sq ft office unit near downtown Georgetown.
      1915 S Austin Ave, Georgetown, TX 78626
      View Details
    • $1,295 /Mo
      Pending

      Georgetown Office Unit For Rent

      Functional 650 sq ft office unit near downtown Georgetown.
      1915 S Austin Ave, Georgetown, TX 78626
      View Details
    • $3,500 /Mo

      Georgetown Flex Space For Lease

      Versatile 3,051 SF flex space ideal for industrial, office, retail.
      40120A Industrial Park Cir, Georgetown, TX 78626
      View Details
    • $1,295 /Mo
      Pending

      Georgetown Office Unit For Rent

      Functional 650 sq ft office unit near downtown Georgetown.
      1915 S Austin Ave, Georgetown, TX 78626
      View Details
    • $4,200 /Mo

      Office or Retail Shell Space

      Shell space available for office or retail use.
      4861 Williams Dr, Georgetown, TX 78633
      View Details
    • $1,295 /Mo

      Georgetown Office Suite For Rent

      Functional 650 sq ft office suite near downtown Georgetown.
      1915 S Austin Ave, Georgetown, TX 78626
      View Details
    • $37 SF/Yr

      Highway 29 Frontage Retail Space

      New construction retail and mixed-use opportunity in Liberty Hill, TX.
      2021 Kauffman Loop, Georgetown, TX 78628
      View Details
    • $37 SF/Yr

      Highway 29 Frontage Opportunity

      New construction retail and mixed-use space in Liberty Hill.
      2021 Kauffman Loop, Georgetown, TX 78628
      View Details

    FAQs

    What type of property is this?
    Office units - Office space in a developing community near major amenities.
    Where is this office units located?
    The property is located at 2301 Westinghouse Rd Georgetown, TX.
    What are key features of this property?
    This property features: - Convenient location in a developing community.; - Adjacent to a large housing development and elementary school.; - Minutes from Interstate 35.
    (512) 515-1553 Call to check price and availability
    Request Owner's contact information
    2301 Westinghouse Rd Georgetown, TX 78626
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2301 Westinghouse Rd
    Georgetown, TX 78626
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2301 Westinghouse Rd Georgetown, TX 78626
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Alyssa Stevens
    Alyssa Stevens
    (512) 515-1553
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!