610 University Ave Georgetown, TX 78626-7034
- Commercial real estate
- 4,800 SF
- 0.11 lot acres
Current Use by Public Records
- BusinessWise Solutions, LLC / Tax Preparation Service / Bookkeeping Service
- Liberty Tax & Loans / Tax Preparation / Tax Consultant
Property Details for 610 University Ave
- Year built
- 1991
- Lot size
- 0.11 lot acres
- Property size
- 4,800 SF
- Property type
- Commercial real estate
- APN
- R-20-3700-0000-0005
- APU
- R20370000000005
Description
This exceptional Georgetown, Texas property offers a unique investment opportunity combining a 1,400 square foot boutique office building with a sizable 0.65-acre lot. The existing office space boasts a functional layout including a kitchen, multiple office rooms, and restrooms. Ample parking is available with convenient front and rear lot access. The property is ideally situated less than half a mile from the vibrant Georgetown Square, offering easy access to a variety of local eateries, shops, wine bars, and public art. Within a mile's radius, you'll find the HEB and Wolf Ranch Town Center, providing a wide selection of restaurants and national retailers. The property benefits from full IH-35 access, ensuring excellent connectivity. Water and wastewater services are already on-site. Zoned C-1, the property allows for a range of permitted uses including retail, quick-service restaurants, restaurants, hotels, medical facilities, and offices, presenting significant potential for future development or expansion. The square footage of the building is 1,400 SF, and the total square footage available is between 500 and 1,400 SF. This property presents a compelling blend of immediate income potential and long-term growth prospects in a thriving Texas market. The asking price is $1,350,000.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $320,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $291,000
Market price range: $237k - $833k
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Location Insight
- Map
- Local Demand
- City
- Georgetown
- County
- Williamson
- State
- Texas
- Longitude
- -97.6712
- Latitude
- 30.633
- CBSA code
- 12420
- CBSA name
- AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA