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    Boselli Way Georgetown, TX 78626

    Sponsored
    For Sale
    $5,327,000

    Prime development tracts, high-growth area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial land assemblage presents a unique investment opportunity in Georgetown, Texas. Strategically located at the corner of N Mays Street and Boselli Way, this three-tract portfolio totals 12.016 acres and offers significant development potential. The property benefits from its prime location on the southern edge of Georgetown, just 0.8 miles northeast of IH-35 and 0.6 miles southwest of Westinghouse Road, providing excellent access to major thoroughfares. Surrounded by recently constructed multifamily developments, including ASCEND at Westinghouse (300 units), Rise 120 Apartments (227 units), and Caroline Georgetown (336 units), the site enjoys a high-density residential environment with over 3,400 multifamily units within a one-mile radius. The area boasts strong demographics, with average household incomes exceeding $112,000. The tracts are zoned for Summit at Westinghouse PUD and are available individually or as a complete portfolio. Individual tract pricing is as follows: Tract 1 (9.51 acres) - $4,200,000; Tract 2 (1.706 acres) - $1,160,000; and Tract 3 (0.80 acres) - $680,000. The total asking price for the entire assemblage is $5,327,000. This presents a compelling opportunity for developers seeking to capitalize on the robust growth and high demand in this thriving Texas market.

    Property Features for 0 Boselli Way

    General Information

    Property type
    Land
    Lot Size
    34,848 SF

    HighLights

    • $5,327,000 asking price for a 12.016‑acre commercial land assemblage.
    • Located in Georgetown, TX, within Williamson County, zip code 78626.
    • Zoned for Summit at Westinghouse PUD.
    • Three tracts available individually or as a portfolio; Tract 1 (9.51 acres) - $4,200,000, Tract 2 (1.706 acres) - $1,160,000, Tract 3 (0.8 acres) - $680,000.
    • Prime location at N Mays Street and Boselli Way, near IH‑35 and surrounded by new multifamily developments.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Georgetown
    County
    Williamson
    State
    Texas
    Longitude
    -97.683635030987
    Latitude
    30.574770685481

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    FAQs

    What type of property is this?
    Land - Prime development tracts, high-growth area.
    Where is this land located?
    The property is located at Boselli Way Georgetown, TX.
    What is the asking price?
    The asking price for this property is $5,327,000.
    What are key features of this property?
    This property features: $5,327,000 asking price for a 12.016-acre commercial land assemblage.; Located in Georgetown, TX, within Williamson County, zip code 78626.; Zoned for Summit at Westinghouse PUD.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Boselli Way Georgetown, TX 78626
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