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

    550 County Road 196 Georgetown, TX 78626

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1.44 SF/Yr

    Versatile property with office, warehouse, and yard space available for lease.

    We can help!

    Listing Contact
    Joel Hargett
    Joel Hargett
    Source: Corfac

    Listing Agency: CSA Realty Group Listing Agent: Joel Hargett

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

    Learn more

    Overview

    Georgetown Flex Space For Lease

    This Georgetown property offers an exceptional leasing opportunity with well-appointed office spaces designed for productivity and comfort. The property includes flexible layouts, warehouse space, and secured yard space suitable for a variety of businesses. Convenient parking options and well-maintained grounds are available. Located just north of historic Georgetown, right off IH 35, the property provides easy access to major thoroughfares such as IH 35 and Toll 130. The location offers an appealing opportunity for businesses seeking a dynamic and well-connected office environment. Lease terms are customizable. The property provides a prestigious and efficient setting for businesses. The property size is 5688 square feet.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Kitchen & Bath Showroom Storage Facility Garden Center Home Appliance Store Parking Lot & Garage

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

    Location Insight

    • Map
    • Local Demand
    City
    Georgetown
    County
    Williamson
    State
    Texas
    Longitude
    -97.638435
    Latitude
    30.71507

    Nearby Similar for Lease

    • $28 SF/Yr
      6,300 SF

      Georgetown Retail Space For Rent

      Prime retail opportunity with excellent visibility and strong traffic counts.
      901 N Austin Ave, Georgetown, TX 78626
      View Details
    • $599 /Mo

      Private Office in Merlot House

      Charming 90 sq ft office near Downtown Georgetown.
      1006 S Rock St, Georgetown, TX 78626
      View Details
    • $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
    • $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
    • $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
      Pending

      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 Opportunity

      New construction retail and mixed-use opportunity in Liberty Hill.
      2021 Kauffman Loop, Georgetown, TX 78628
      View Details
    • $35 SF/Yr

      Office Space Near Georgetown Square

      Office space with San Gabriel River view, multiple sizes available.
      102 W Morrow St, Georgetown, TX 78626
      View Details
    • $40 SF/Yr

      First-Generation Office Space in Georgetown

      Class-A office suites with flexible layouts and premium finishes.
      1901 Rivery Blvd, Georgetown, TX 78628
      View Details
    • $38 SF/Yr

      Mixed-Use Development in Georgetown, Texas

      High-end mixed-use development with office, retail, and restaurant spaces.
      1500 Rivery Blvd, Georgetown, TX 78628
      View Details
    • Contact for pricing

      Mixed-Use Development in Georgetown, Texas

      High-end mixed-use development with hotel, office, retail, and lofts.
      1500 Rivery Blvd, Georgetown, TX 78628
      View Details
    • $3,500 /Mo

      Georgetown Flex Space For Lease

      Versatile 4,800 SF flex building suitable for industrial or office.
      40120A Industrial Park Cir, Georgetown, TX 78626
      View Details

    FAQs

    What type of property is this?
    Flex space - Versatile property with office, warehouse, and yard space available for lease.
    Where is this flex space located?
    The property is located at 550 County Road 196 Georgetown, TX.
    What is the lease rate?
    The lease rate is $1.44 SF/Yr.
    What are key features of this property?
    This property features: - Prime Georgetown location with quick access to IH 35.; - Flexible layouts with office, warehouse, and secured yard space.; - Modern office spaces designed for productivity and comfort.
    (512) 820-7429
    Request Owner's contact information
    550 County Road 196 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.
    550 County Road 196
    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
    550 County Road 196 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!
    Listing Contact
    Joel Hargett
    Joel Hargett
    (512) 820-7429 (512) 453-6566 (512) 447-2222
    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!