4111 Hwy Georgetown, TX 78628
This exceptional investment opportunity presents a fully renovated (2023), vacant, 14,486-square-foot flex space in Georgetown, Texas. The property comprises two single-story buildings situated on a 1.001-acre lot, offering 20 parking spaces (1.3:1,000 ratio). The buildings feature 100% HVAC, restrooms in each building, and two roll-up exterior doors (16'6" x 14' and 10' x 9'6"). Ceiling height reaches 18'2" at the eave peak. Utilities include City of Georgetown water (8" supply line), an aerobic septic system with drip irrigation, sewer access, PEC single and three-phase power, and Optimum internet. A fire hydrant is conveniently located at the northwest corner of the parcel. The property benefits from a perpetual easement with the northern property and is strategically located approximately 4.3 miles from Ronald Reagan Airport, 4.6 miles from IH 35, and 32 miles from Austin. The property is zoned Georgetown ETJ and has a Williamson County APN of R085299. This owner/user investment is priced at $4,125,000. The legal description is AW0178 AW0178 - Donagan, I. Sur., Serial TXFL4AF261209970, Title # CN, Label # TEX0358311. A storm drain system and ADT security system are also in place.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.