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Mixed-Use Property in Georgetown, TX

903 Forest St Georgetown, TX 78626

903 Forest St, Georgetown, TX, 78626
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Mixed-use property featuring 1,675 SqFt of commercial real estate.

Property Size1,675 SF
Price / SF$531.34
AddedMar 18
Days on Market121
Last RefreshJul 13 at 7:54 am

Property Features for 903 Forest St

General Information

Standard status
Active
Size
1,675 SF
Property subtype
Mixed Use, Office

Building Details

Year Built
1935

Listing office Nextage Commercial Realty

Listing date Mar 18, 2026

Source Crexi

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 Nextage Commercial Realty


Investment Insights

Based on property information with market context.

This mixed-use property offers 1,675 square feet of space. The property is located in Georgetown, Texas.

Key Highlights

  • Mixed use property offers versatile potential
  • 1,675 sqft provides a manageable space
  • Built in 1935, offering vintage charm

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 $70.4k $42.00
− Vacancy −$17.1k −$10.21
EGI $53.3k $31.79
− OpEx −$13.3k −$7.95
NOI $39.9k $23.85
1,675 SF · lease $42.00/SF/yr · vacancy 24.30% · expense 25.00%

Alternative Uses

Best Use
Office B
$570.6K
$499.3K – $665.7K (±1% cap)
NOI $39,941 @ 7.0% cap · market cap 4.49%
Second Best
Mixed Use
$323.0K
$282.7K – $376.9K (±1% cap)
NOI $22,613 @ 7.0% cap · market cap 2.54%
Theoretical Best
Office A
$700.2K
$612.7K – $816.9K (±1% cap)
NOI $49,013 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Livesay Virginia PHD Physician Mary Beth Cooke ... Counselor Schmitt Tommy Physician Rebecca J. Burgman, ... Foster Care Service Professional Assistants-Control Physician

Suggested Use

(Bike/Boat/Book/etc) Store Carpet & Flooring Store Electrical Service Plumbing Service Storage Facility (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith Kitchen & Bath Showroom Pet Grooming Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Mixed-use property featuring 1,675 SqFt of commercial real estate.
Where is this mixed-use property located?
The property is located at 903 Forest St Georgetown, TX.
What is the asking price?
The asking price for this property is $890,000.
What are key features of this property?
This property features: Mixed use property offers versatile potential; 1,675 sqft provides a manageable space; Built in 1935, offering vintage charm
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