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OFF-MARKET
Land

0 Boselli Way Georgetown, TX 78626

0.8 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 0.8 ac (34,848 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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