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    1623 Rivery Blvd Georgetown, TX 78628

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    For Sale
    $1,485,000

    Freestanding 3,071 SF building in a fantastic location.

    Property size:
    3,071 SF
    Lot size:
    0.43 Acres

    Property Features for 1623 Rivery Blvd

    General Information

    Size
    3,071 SF
    Lot size
    0.43 Acres

    Source: The Novy Company Agent Brian Novy

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

    Overview

    Freestanding Building on Rivery Blvd

    This is a freestanding 3,071 square foot building located on Rivery Blvd. The property benefits from its location within the Rivery Development and proximity to Williams Drive. The property is subject to a sale-leaseback agreement with Republic Spine and Pain (RSP), which commenced business in 2010. The lease originated on January 1, 2022, and expires on January 31, 2036. The base rent starting January 1, 2026, is $7878.56 plus NNN, with 3% annual increases. The landlord is responsible for the roof, structure, and parking lot.
    Insight Report Location Intelligence

    Current Use by Public Records

    Ramesh Singa Pain Management Physician Republic Spine and Pain Pain Control Clinic James Fay, MD Pain Management Physician Shawn Kraus Nurse Practitioner Kristyn Magoon Doctor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    NewDay Veterinary Care

    Location Insight

    • Map
    • Local Demand
    City
    Georgetown
    County
    Williamson
    State
    Texas
    Longitude
    -97.6848921
    Latitude
    30.6543226

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    FAQs

    What type of property is this?
    Medical office - Freestanding 3,071 SF building in a fantastic location.
    Where is this medical office located?
    The property is located at 1623 Rivery Blvd Georgetown, TX.
    What is the asking price?
    The asking price for this property is $1,485,000.
    What are key features of this property?
    This property features: - Long-term lease with Republic Spine and Pain (RSP) until 1/31/36, providing stable income.; - Prime location on Rivery Blvd within the Rivery Development and near Williams Drive.; - Sale-leaseback opportunity for immediate return on investment.
    (512) 750-5587
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    1623 Rivery Blvd Georgetown, TX 78628
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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
    1623 Rivery Blvd Georgetown, TX 78628
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