Industrial Flex
For Sale
$1,000,000
400 Windy Hill School Rd, Georgetown, TX 78626
Office, warehouse, and industrial improvements with yard area near I-35 support flexible commercial operations.
Property Size3,992 SF
Lot Size1.81 Acres
Price / SF$250.50
Days on Market48
Property Features for 400 Windy Hill School Rd
General Information
Standard status
Active
Size
3,992 SF
Lot size
1.81 Acres
Additional Details
Highway Access
Yes
Building Details
Year Built
1985
Listing Agency:
Keller Williams - Lake Travis
Listed By:
Alice Duffy · License #0681288
(512) 784-2345
Source:
Olverabolton
Added: Aug 28
Changed: Oct 13
Last Checked: Oct 7 at 2:00PM
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 Keller Williams - Lake Travis
Investment Insights
Based on property information with market context.
Built in 1985, this flex property combines office, warehouse, and industrial space on approximately 1.81 acres spanning two parcels. The layout is positioned for small-business operations, owner-user occupancy, or investment use, while the surrounding yard area provides room for additional parking, outdoor storage, or future improvements.
The property is located at 400 Windy Hill School Rd in Georgetown, just off I-35. A cabinet business occupies part of the property on a month-to-month basis, providing an existing occupancy component within the overall asset.
The property is located at 400 Windy Hill School Rd in Georgetown, just off I-35. A cabinet business occupies part of the property on a month-to-month basis, providing an existing occupancy component within the overall asset.
Key Highlights
- Approximately 1.81 acres across two parcels
- Office, warehouse, and industrial flex configuration
- Yard area with room for additional parking, outdoor storage, or future improvements
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,191
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$803,820
$803.8K
Cap Rate 7%
$574,157
$574.2K
Cap Rate 9%
$446,567
$446.6K
Market Conditions
NOI Build-Up for 3,992 SF
Gross rent
$59.4K $14.88/SF
− Vacancy
−$12.1K −$3.04/SF
EGI
$47.3K $11.84/SF
− OpEx
−$7.1K −$1.78/SF
NOI
$40.2K $10.07/SF
Area
Williamson County, TX
Vacancy
20.40%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$803,820
Cap Rate 7%
$574,157
Cap Rate 9%
$446,567
Alternative Uses
Best Use
Office B
$1.36M
$1.19M – $1.59M
NOI $95,191 @ 7.0% cap · market cap 9.52%
Second Best
Warehouse
$574.2K
$502.4K – $669.9K
NOI $40,191 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $116,813 @ 7.0% cap · market cap 11.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78626, TX
39,935
Population
16,866
Households
2.4
Avg Household Size
34
Median Age
36%
College-Educated
90%
High-School Grad
88.6 sq mi
ZIP Area
451
Density / Sq Mi
$94,967
Median Household Income
$44,955
Median Earnings
$1,752
Median Rent
$358,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Office, warehouse, and industrial improvements with yard area near I-35 support flexible commercial operations.
Where is this flex space located?
The property is located at 400 Windy Hill School Rd Georgetown, TX.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Approximately 1.81 acres across two parcels; Office, warehouse, and industrial flex configuration; Yard area with room for additional parking, outdoor storage, or future improvements
