3550 Service Rd Georgetown, TX 78626
- Mixed-use properties
- 2,284 SF
- 8.03 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 3550 Service Rd
- Year built
- 1965
- Lot size
- 8.03 lot acres
- Property size
- 2,284 SF
- Property type
- Mixed-use properties
- Property subtype
- Land
Description
This exceptional 8.03-acre property, situated on 234 feet of Interstate 35 frontage in Georgetown, Texas, presents a compelling redevelopment opportunity. The site includes a 2,284-square-foot, single-story stone veneer building constructed in 1965 and renovated in 1985, offering versatile potential for office or business use. The property is unzoned and located within the City of Georgetown's ETJ, benefiting from its rapid growth and proximity to major industrial developments like the upcoming Berry Creek Business Park and Ward and Burke's new manufacturing facility. Existing infrastructure includes Pedernales Electric Cooperative service, a 14-inch Georgetown water line, a private water well, and an individual septic system. Importantly, the property is not located within a FEMA floodplain, streamlining any future construction projects. This prime location in one of Texas's fastest-growing cities, coupled with its existing building and robust infrastructure, makes this an ideal investment for those seeking to capitalize on Georgetown's thriving commercial and industrial market. The asking price is $4,999,000, and the property is offered with a gross lease, single tenancy, and a one-year lease term expiring August 31, 2025. This is a rare chance to acquire a significant land parcel with existing improvements in a high-growth area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Georgetown
- County
- Williamson
- State
- Texas
- Longitude
- -97.652
- Latitude
- 30.696
