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Windowed Office Suite
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1801 Williams Drive, Georgetown, TX 78628

A 132-square-foot workspace has access to shared kitchen and restroom facilities.

Property Size2,317 SF
Price / SF$0.28
Days on Market59

Property Features for 1801 Williams Drive

General Information

Standard status Active
Size 2,317 SF
Property subtype Office

Additional Details

Utilities to Site Yes
Property Use Office

Amenities

internet
restroom
kitchen with microwave and small fridge

Building Details

Year Built 1974
Tenancy Multi
Listing Agency: Rothenberg Realty
Listed By: Robert Rothenberg · License #0521605
Source: Dukesresidential
Added: Sep 6 Changed: Nov 1 Last Checked: Nov 1 at 1:26AM

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 Rothenberg Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 132-square-foot office is part of a multi-tenant professional building at 1801 Williams Drive in Georgetown. Its northeast-facing window brings in natural light, and furniture can be provided if desired. The building dates to 1974.

Tenants have access to a shared kitchen with a microwave and small refrigerator, as well as a common restroom. Parking is available, utilities are included, and building internet may be used subject to bandwidth limits.

Key Highlights

  • 132‑square‑foot office in a multi‑tenant professional building
  • Northeast‑facing window
  • Optional furniture available

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$55,250
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,105,000 $1.1M
Cap Rate 7%
$789,286 $789.3K
Cap Rate 9%
$613,889 $613.9K
Market Conditions
NOI Build-Up for 2,317 SF
Gross rent
$97.3K $42.00/SF
− Vacancy
−$23.6K −$10.21/SF
EGI
$73.7K $31.79/SF
− OpEx
−$18.4K −$7.95/SF
NOI
$55.3K $23.85/SF
Area
Williamson County, TX
Vacancy
24.30%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,105,000
Cap Rate 7%
$789,286
Cap Rate 9%
$613,889

Alternative Uses

Best Use
Office B
$789.3K
$690.6K – $920.8K (±1% cap)
NOI $55,250 @ 7.0% cap · market cap 8,500.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$968.6K
$847.5K – $1.13M (±1% cap)
NOI $67,799 @ 7.0% cap · market cap 10,430.62%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Coombs David W Engineer Goddard-Gikas Lisa Law Firm Rothenberg Realty Real Estate Agency Texas Offender Education ... Counselor Rothenberg Architecture Architect

Suggested Use

Top Pick Big Box & Wholesale Store Parking Lot & Garage Kitchen & Bath Showroom Grocery & Convenience Store Food Market Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

755
Businesses Nearby

Demographics for 78628, TX

40,378
Population
17,738
Households
2.3
Avg Household Size
42
Median Age
53%
College-Educated
94%
High-School Grad
64.7 sq mi
ZIP Area
624
Density / Sq Mi
$117,198
Median Household Income
$58,328
Median Earnings
$1,552
Median Rent
$467,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A 132-square-foot workspace has access to shared kitchen and restroom facilities.
Where is this office unit located?
The property is located at 1801 Williams Drive Georgetown, TX.
What are key features of this property?
This property features: 132‑square‑foot office in a multi‑tenant professional building; Northeast‑facing window; Optional furniture available
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