Office Suite with
5373 Williams Dr #220 Georgetown, TX 78633
5373 Williams Dr #220, Georgetown, TX, 78633
$345,000
For Sale
$345,000
Office suite offering a lobby, four offices, kitchenette, and bathroom in strong condition.
Property Size920 SF
Price / SF$375
Days on Market148
Property Features for 5373 Williams Dr #220
General Information
- Standard status
- Active
- Size
- 920 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2019
Listing agency
Carpenter Real Estate
(512) 294-3758
Listed by
Michael Brown · License #0348586
Source
Buttross
Added: Feb 25 Updated: Jul 22 at 2:04PM Checked: Jul 22 at 2:04PM
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 Carpenter Real Estate
Investment Insights
Based on property information with market context.
This office suite features a lobby, four offices, a kitchenette, and a bathroom, arranged in a functional floor plan. The space is described as being in great condition.
The property is located close to the new Heirloom Mixed Use development that is scheduled to break ground in early 2026, with plans for 3,600 residential homes and a new elementary school.
At 5373 Williams Dr, Suite 220, the offering is suited for businesses seeking a traditional office layout with multiple private rooms and in-suite convenience.
The property is located close to the new Heirloom Mixed Use development that is scheduled to break ground in early 2026, with plans for 3,600 residential homes and a new elementary school.
At 5373 Williams Dr, Suite 220, the offering is suited for businesses seeking a traditional office layout with multiple private rooms and in-suite convenience.
Key Highlights
- Office suite built in 2019
- Includes a lobby, four offices, kitchenette, and a bathroom
- Described as being in strong condition
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 | $38.6k | $42.00 |
| − Vacancy | −$9.4k | −$10.21 |
| EGI | $29.3k | $31.79 |
| − OpEx | −$7.3k | −$7.95 |
| NOI | $21.9k | $23.85 |
920 SF · lease $42.00/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$313.4K
$274.2K – $365.6K
NOI $21,938 @ 7.0% cap · market cap 6.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$384.6K
$336.5K – $448.7K
NOI $26,921 @ 7.0% cap · market cap 7.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Office suite offering a lobby, four offices, kitchenette, and bathroom in strong condition.
Where is this office units located?
The property is located at 5373 Williams Dr #220 Georgetown, TX.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Office suite built in 2019; Includes a lobby, four offices, kitchenette, and a bathroom; Described as being in strong condition
