Office Suite with Reception
1528 Leander Rd Georgetown, TX 78628
For Sale
Contact for pricing
Office space totaling 3,400 SF includes a reception and waiting room.
Property Size3,400 SF
Price / SF$397.06
Days on Market919
Property Features for 1528 Leander Rd
General Information
- Standard status
- Active
- Size
- 3,400 SF
- Property subtype
- OFFICE
Properties For Sale
at 1528 Leander Rd Contact us
Listing Agency:
Don Quick & Associates, Inc.
(512) 814-1815
Listed By:
Tyler Herrick · License #744876
Source:
Moodyscre
Added: Jan 16, 2024
Changed: Jul 21
Last Checked: Jul 22 at 4:13AM
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 Don Quick & Associates, Inc.
Investment Insights
Based on property information with market context.
This office suite offers 3,400 square feet of space designed around a reception and waiting room. The building has been previously used as medical, which may support potential fit for an appropriate future occupant.
The property is located at 1528 Leander Rd in Georgetown, Texas.
The property is located at 1528 Leander Rd in Georgetown, Texas.
Key Highlights
- Office space totaling 3,400 SF with a reception and waiting room
- Building previously used as medical, which may fit a future medical‑related occupant
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 | $142.8k | $42.00 |
| − Vacancy | −$34.7k | −$10.21 |
| EGI | $108.1k | $31.79 |
| − OpEx | −$27.0k | −$7.95 |
| NOI | $81.1k | $23.85 |
3,400 SF · lease $42.00/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.16M
$1.01M – $1.35M
NOI $81,075 @ 7.0% cap · market cap 6.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.42M
$1.24M – $1.66M
NOI $99,490 @ 7.0% cap · market cap 7.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - Office space totaling 3,400 SF includes a reception and waiting room.
Where is this office building located?
The property is located at 1528 Leander Rd Georgetown, TX.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Office space totaling 3,400 SF with a reception and waiting room; Building previously used as medical, which may fit a future medical‑related occupant
