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    701 Co Rd 247 Georgetown, TX 78633

    Sponsored
    For Sale
    $11,300,000

    50 Acres, Prime Texas Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 50.23-acre commercial land parcel presents a compelling investment opportunity in Georgetown, Texas. Located at 701 Co Rd 247, Williamson County, zip code 78633 (30.73331, -97.806959), this property is zoned ETJ and offers unparalleled potential for diverse commercial development. Georgetown's robust economy and rapid growth, coupled with its strategic location near major highways and urban centers, ensure excellent visibility and accessibility. The expansive acreage allows for creative planning and the development of large-scale projects, ranging from retail complexes to mixed-use ventures. This prime location benefits from a strong local economy and a community supportive of development initiatives, making it an attractive investment for those seeking to capitalize on a thriving market. The asking price is $11,300,000, translating to $224,965 per acre. This represents a significant opportunity to acquire a substantial land holding in one of Texas's fastest-growing cities. The property's size and location make it ideal for a variety of commercial uses, promising substantial returns for the discerning investor. Don't miss this chance to secure a piece of Georgetown's burgeoning commercial landscape.

    Property Features for 701 Co Rd 247

    General Information

    Property type
    Land
    Lot Size
    2,188,019 SF

    HighLights

    • 50.23‑acre commercial land parcel in Georgetown, TX, zoned ETJ, located at 701 Co Rd 247, Williamson County, 78633.
    • Prime Georgetown location near major highways and urban centers, offering excellent visibility and accessibility.
    • Strong local economy and community supportive of commercial development.
    • Ample acreage for large‑scale commercial development, including retail and mixed‑use projects.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Georgetown
    County
    Williamson
    State
    Texas
    Longitude
    -97.806959
    Latitude
    30.73331

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    FAQs

    What type of property is this?
    Land - 50 Acres, Prime Texas Location
    Where is this land located?
    The property is located at 701 Co Rd 247 Georgetown, TX.
    What is the asking price?
    The asking price for this property is $11,300,000.
    What are key features of this property?
    This property features: 50.23-acre commercial land parcel in Georgetown, TX, zoned ETJ, located at 701 Co Rd 247, Williamson County, 78633.; Prime Georgetown location near major highways and urban centers, offering excellent visibility and accessibility.; Strong local economy and community supportive of commercial development.
    (512) 605-7494
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    701 Co Rd 247 Georgetown, TX 78633
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    Georgetown, TX 78633
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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
    701 Co Rd 247 Georgetown, TX 78633
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