0 Boselli Way Georgetown, TX 78626
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.