New Construction Office
For Sale
Contact for pricing
3002 Dawn Dr, Georgetown, TX
New office building with a guaranteed 10-year tenant.
Property Size6,300 SF
Lot Size0.75 Acres
Price / SF$673.99
Days on Market1220
Property Features for 3002 Dawn Dr
General Information
Standard status
Active
Size
6,300 SF
Lot size
0.75 Acres
Property subtype
OFFICE
Listing Agency:
Matthews Real Estate Investment Services
(866) 889-0550
Listed By:
Antonio Diona · License #02037030(CA)
(818) 923-6366
Source:
Moodyscre
Added: Jun 29, 2023
Changed: Oct 25
Last Checked: Oct 28 at 10:55AM
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 Matthews Real Estate Investment Services
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a new construction office building. The property has a guaranteed tenant for 10 years. The building offers 6,300 square feet of space.
Key Highlights
- Guaranteed tenant for 10 years
- New construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$150,227
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,004,540
$3.0M
Cap Rate 7%
$2,146,100
$2.1M
Cap Rate 9%
$1,669,189
$1.7M
Market Conditions
NOI Build-Up for 6,300 SF
Gross rent
$264.6K $42.00/SF
− Vacancy
−$64.3K −$10.21/SF
EGI
$200.3K $31.79/SF
− OpEx
−$50.1K −$7.95/SF
NOI
$150.2K $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%
$3,004,540
Cap Rate 7%
$2,146,100
Cap Rate 9%
$1,669,189
Alternative Uses
Best Use
Office B
$2.15M
$1.88M – $2.50M
NOI $150,227 @ 7.0% cap · market cap 3.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.63M
$2.30M – $3.07M
NOI $184,349 @ 7.0% cap · market cap 4.34%
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
Location Intelligence
Trade Area within ½ mile
880
Businesses Nearby
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Business Placement
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
Frequently Asked Questions
What type of property is this?
Office building - New office building with a guaranteed 10-year tenant.
Where is this office building located?
The property is located at 3002 Dawn Dr Georgetown, TX.
What is the asking price?
The asking price for this property is $4,246,154.
What are key features of this property?
This property features: Guaranteed tenant for 10 years; New construction
