Remodeled Commercial Asset For
For Sale
$625,000
508 Fm 1460 Rd, Georgetown, TX 78626
High-traffic commercial property with parking, suitable for professional office.
Property Size1,870 SF
Price / SF$334.22
Days on Market143
Property Features for 508 Fm 1460 Rd
General Information
Standard status
Active
Size
1,870 SF
Building Details
Year Built
1968
Listing Agency:
Wolf Real Estate
Listed By:
Tyler Wolf · License #0596048
(512) 966-0117
Source:
Cityviewtx
Added: May 21
Changed: Sep 15
Last Checked: Oct 7 at 4:13PM
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 Wolf Real Estate
Investment Insights
Based on property information with market context.
This commercial asset is located on a high-traffic corridor with high visibility. The property is a recently remodeled, standalone structure, formerly a home. It includes 7 parking spaces located at the rear of the building. The property is suitable for use as a professional office for attorneys, CPAs, medical practices, or boutique services. The property is currently leased through August 31st, providing immediate income for investors. This also provides a clear timeline for owner-users. The property combines character, location, and parking.
Key Highlights
- High‑traffic, high‑visibility location on a major corridor.
- Seven (7) rear parking spaces, a rare amenity.
- C‑1 commercial zoning suitable for various professional services.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,591
Cap Rate
7.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$891,820
$891.8K
Cap Rate 7%
$637,014
$637.0K
Cap Rate 9%
$495,456
$495.5K
Market Conditions
NOI Build-Up for 1,870 SF
Gross rent
$78.5K $42.00/SF
− Vacancy
−$19.1K −$10.21/SF
EGI
$59.5K $31.79/SF
− OpEx
−$14.9K −$7.95/SF
NOI
$44.6K $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%
$891,820
Cap Rate 7%
$637,014
Cap Rate 9%
$495,456
Alternative Uses
Best Use
Office B
$637.0K
$557.4K – $743.2K
NOI $44,591 @ 7.0% cap · market cap 7.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$781.7K
$684.0K – $912.0K
NOI $54,719 @ 7.0% cap · market cap 8.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
769
Businesses Nearby
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - High-traffic commercial property with parking, suitable for professional office.
Where is this office units located?
The property is located at 508 Fm 1460 Rd Georgetown, TX.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: High‑traffic, high‑visibility location on a major corridor.; Seven (7) rear parking spaces, a rare amenity.; C‑1 commercial zoning suitable for various professional services.
