4869 Williams Drive Georgetown, TX 78633
Leased office condo in Georgetown's Sedro Crossing Business Park.
Property Features for 4869 Williams Drive
General Information
- Standard status
- Active
- Size
- 1,261 SF
- Property subtype
- OFC
Building Details
- Year Built
- 2020
Listing office Keller Williams Realty Austin (512) 800-4886
Listing date Oct 11, 2024
Source Realnex
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Investment Insights
Based on property information with market context.
Key Highlights
- Passive investment opportunity with predictable cash flow.
- Fully leased to an established tenant with a recently executed 3‑year lease.
- Minimal landlord responsibility due to independent HVAC and separate electric metering.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.0k | $42.00 |
| − Vacancy | −$12.9k | −$10.21 |
| EGI | $40.1k | $31.79 |
| − OpEx | −$10.0k | −$7.95 |
| NOI | $30.1k | $23.85 |
