Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    500 County Road 267 Georgetown, TX 78628

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime Texas land, ideal for mixed-use development.

    Property Features for 500 County Road 267

    General Information

    Property type
    Land
    Lot Size
    871,200 SF

    We can help!

    Listing Contact
    Barret Espe
    Barret Espe

    Listing Agent: Barret Espe

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 20-acre tract presents a unique investment opportunity in the rapidly growing Georgetown, Texas area. Located at 500 Co Rd 267 in Williamson County, this property boasts a strategic location at the southwest quadrant of a major intersection. The asking price is $6,800,000, translating to a land value of $7.81 per square foot. The property is zoned Leander ETJ - no zoning, offering flexibility for a variety of commercial, industrial, or residential developments. Utilities are already available on-site, simplifying the development process. The planned extension of Kauffman Loop to Hwy 29 as a four-lane arterial will significantly enhance accessibility and increase property value. This presents a rare chance to acquire a substantial land parcel in a high-growth area with excellent infrastructure and future development potential. The property's size and location make it suitable for a wide range of projects, from large-scale commercial ventures to mixed-use developments incorporating residential components. This is a prime opportunity for investors seeking significant returns in a thriving Texas market. The address is 500 Co Rd 267, Georgetown, TX 78628.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Real Estate Agency Restaurant Building Supply Spa & Massage Center Hair Salon Dental Office Pharmacy Gym & Fitness Center Nail Salon Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Georgetown
    County
    Williamson
    State
    Texas
    Longitude
    -97.837166477588
    Latitude
    30.632443709635

    Nearby Similar for Sale

    • Contact for pricing
      1,261 SF

      4869 Williams Dr #105

      4869 Williams Dr #105, Georgetown, TX 78633
      4869 Williams Dr #105, Georgetown, TX 78633
      View Details
    • $875,880
      1,296 SF

      Georgetown Commercial Building on Large Lot

      Commercial building on 0.80 acres near IH 35.
      1601 Williams Dr, Georgetown, TX 78628
      View Details
    • $735,000

      Georgetown Retail or Office Space

      Retail or office space in a desirable Georgetown location.
      102 E University Ave, Georgetown, TX 78626
      View Details
    • Contact for pricing
      4,250 SF

      Georgetown Bank Building For Sale

      0.93 acre site with a 4,250 SF building.
      1100 Williams Dr, Georgetown, TX 78628
      View Details
    • $999,000

      Renovated Office with Redevelopment Potential

      Renovated office on 0.65 acres with high visibility.
      612 W University Ave, Georgetown, TX 78626
      View Details
    • $875,000
      3,400 SF

      Industrial Building on One Acre

      3,400 SF industrial building on 1 acre for sale.
      450 Private Road 917, Georgetown, TX 78626
      View Details
    • $2,072,000
      5,180 SF

      Georgetown Retail/Medical/Office Space Available

      Retail, medical, and professional space with frontage on Highway 29.
      2021 Kauffman Lp, Georgetown, TX
      View Details
    • $1,300,000

      Leander Road Office Building

      Office building with multiple offices, conference rooms, and parking.
      504 Leander Rd, Georgetown, TX 78626
      View Details
    • $2,495,000

      Renovated Leased Building on Square

      Fully leased, renovated building offers great investment opportunity.
      712 S Austin Ave, Georgetown, TX 78626
      View Details
    • $3,500,000

      Georgetown Restaurant with Outdoor Venue

      Restaurant with stages, bars, and 2000-person outdoor music venue.
      1515 N Ih 35, Georgetown, TX 78628
      View Details
    • $2,500,000

      Warehouse with Retail and Office

      12,000 SF warehouse with retail and office space.
      1525 Ih 35, Georgetown, TX 78628
      View Details
    • $575,000

      Georgetown Specialty Property For Sale

      Specialty property available for purchase in Georgetown, Texas.
      25615 Ronald W Reagan Blvd, Georgetown, TX 78633
      View Details

    FAQs

    What type of property is this?
    Land - Prime Texas land, ideal for mixed-use development.
    Where is this land located?
    The property is located at 500 County Road 267 Georgetown, TX.
    What is the asking price?
    The asking price for this property is $6,800,000.
    What are key features of this property?
    This property features: $6,800,000 asking price; 20-acre parcel; Utilities available on-site
    (512) 757-6349 Call to check price and availability
    Request Owner's contact information
    500 County Road 267 Georgetown, TX 78628
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    500 County Road 267
    Georgetown, TX 78628
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    500 County Road 267 Georgetown, TX 78628
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Barret Espe
    Barret Espe
    Real Estate License ID: 638497
    (512) 757-6349
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!