Flex Space With Roll-Up
For Sale
Contact for pricing
2522 Shell Road #E, Georgetown, TX 78628
Heated and cooled interior includes an upper-level office and adaptable workspace.
Property Size7,500 SF
Price / SF$0.33
Days on Market71
Property Features for 2522 Shell Road #E
General Information
Standard status
Active
Size
7,500 SF
Property subtype
Retail
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Conditioned Warehouse
Yes
Property Use
Office, Warehouse
Building Details
Year Built
1998
Stories
2
Listing Agency:
Compass RE Texas, LLC
(512) 575-3644
Listed By:
Reese Phillips · License #0628054
(512) 639-0954
Source:
Hoydenhomes
Added: Aug 21
Changed: Oct 28
Last Checked: Oct 28 at 9:46AM
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 Compass RE Texas, LLC
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Investment Insights
Based on property information with market context.
Built in 1998, this 7,500-square-foot flex property has a drop ceiling, heating and cooling, and an upstairs office suited to office or meeting use. Roll-up doors measuring 12' x 12' are positioned at both the front and rear. The space has previously accommodated studio, office, and warehouse functions. Well and septic serve the property, and the tenant is responsible for electricity.
The building is near 195, I-35, and Williams Drive, as well as Village and McCoy elementary schools. Additional space behind the building may be included in a lease subject to acceptable terms.
The building is near 195, I-35, and Williams Drive, as well as Village and McCoy elementary schools. Additional space behind the building may be included in a lease subject to acceptable terms.
Key Highlights
- 7,500 square feet of flex space
- 12' x 12' roll‑up doors at the front and rear
- Heated and cooled interior with drop ceiling
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,312
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,246,240
$1.2M
Cap Rate 7%
$890,171
$890.2K
Cap Rate 9%
$692,356
$692.4K
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$111.6K $14.88/SF
− Vacancy
−$15.7K −$2.10/SF
EGI
$95.9K $12.78/SF
− OpEx
−$33.6K −$4.47/SF
NOI
$62.3K $8.31/SF
Area
Williamson County, TX
Vacancy
14.10%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,246,240
Cap Rate 7%
$890,171
Cap Rate 9%
$692,356
Alternative Uses
Best Use
Warehouse
$1.08M
$943.9K – $1.26M
NOI $75,509 @ 7.0% cap · market cap 3,055.81%
Second Best
Industrial
$958.6K
$838.8K – $1.12M
NOI $67,105 @ 7.0% cap · market cap 2,715.70%
Theoretical Best
Office A
$3.14M
$2.74M – $3.66M
NOI $219,463 @ 7.0% cap · market cap 8,881.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
92
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Heated and cooled interior includes an upper-level office and adaptable workspace.
Where is this flex space located?
The property is located at 2522 Shell Road #E Georgetown, TX.
What are key features of this property?
This property features: 7,500 square feet of flex space; 12' x 12' roll‑up doors at the front and rear; Heated and cooled interior with drop ceiling
