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Office/Retail Building
For Sale
$750,000

4138 Williams DR, Georgetown, TX 78628

For-sale office/retail building located at 4138 Williams Dr in Georgetown, TX.

Property Size1,424 SF
Lot Size0.70 Acres
Price / SF$526.69
Days on Market548

Property Features for 4138 Williams DR

General Information

Standard status Active
Size 1,424 SF
Lot size 0.70 Acres
Property subtype Office

Taxes and HOA fees

Annual Taxes $6,559

Building Details

Building Size 1,424 SF
Year Built 1978
Listing Agency: Gold Tier Real Estate, LLC
Listed By: Taylor Golden · License #0725215
Source: Localcolorrealestateaustin
Added: Apr 23, 2025 Changed: Oct 17 Last Checked: Oct 21 at 6:04AM

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 Gold Tier Real Estate, LLC

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Investment Insights

Based on property information with market context.

Gold Tier Real Estate presents a for-sale office/retail building totaling 1,424 square feet, situated on approximately 0.70 acres at 4138 Williams Dr in Georgetown, TX 78628. The property is presented for buyers seeking a smaller commercial structure with on-site space for office and retail uses.

The site is offered through private tour coordination—please contact the broker before touring the property. Purchasers are advised to perform their own independent evaluation, and the information provided is not warranted by the broker.

At the asking price of $750,000, this offering provides a dedicated building footprint for an owner-operator or business expansion plan within a developing Georgetown market.

Key Highlights

  • 1,424 SF office/retail building on Williams Dr in Georgetown, TX
  • Built in 1978
  • Sits on roughly 0.70 acres

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,956
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$679,120 $679.1K
Cap Rate 7%
$485,086 $485.1K
Cap Rate 9%
$377,289 $377.3K
Market Conditions
NOI Build-Up for 1,424 SF
Gross rent
$59.8K $42.00/SF
− Vacancy
−$14.5K −$10.21/SF
EGI
$45.3K $31.79/SF
− OpEx
−$11.3K −$7.95/SF
NOI
$34.0K $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%
$679,120
Cap Rate 7%
$485,086
Cap Rate 9%
$377,289

Alternative Uses

Best Use
Office B
$485.1K
$424.5K – $565.9K (±1% cap)
NOI $33,956 @ 7.0% cap · market cap 4.53%
Second Best
Retail
$358.2K
$313.4K – $417.9K (±1% cap)
NOI $25,074 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$595.3K
$520.9K – $694.5K (±1% cap)
NOI $41,669 @ 7.0% cap · market cap 5.56%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Law Firm Restaurant Parking Lot & Garage Building Supply Big Box & Wholesale Store Electrical Service

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

Location Intelligence

Trade Area within ½ mile

381
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 - For-sale office/retail building located at 4138 Williams Dr in Georgetown, TX.
Where is this office unit located?
The property is located at 4138 Williams DR Georgetown, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 1,424 SF office/retail building on Williams Dr in Georgetown, TX; Built in 1978; Sits on roughly 0.70 acres
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