113 Draper Ln Georgetown, TX 78628
- Commercial real estate
- 2,574 SF
- 3.58 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 113 Draper Ln
- Year built
- 1984
- Lot size
- 3.58 lot acres
- Property size
- 2,574 SF
- Property type
- Commercial real estate
Description
This exceptional 2,574 square foot commercial property at 113 Draper Ln, Georgetown, TX, presents a compelling investment opportunity. Situated on a sizable 3.58-acre lot, this general commercial property benefits from its strategic location near the intersection of Highway 29 and 183A, placing it within close proximity to major retail anchors. Approximately two miles from a proposed Target and the HEB center at Ronald Reagan Boulevard, this location enjoys high visibility and significant traffic flow, ideal for attracting customers. The property's position within the thriving Georgetown and Liberty Hill area, known for its historic downtown, further enhances its appeal. The property's potential is amplified by its adjacency to 9501 Hwy 29 W (a separately listed property), offering the possibility of combining the two parcels to create approximately seven acres of prime retail land. Recent lighting improvements at Orchard Ridge could potentially create a highly visible hard corner, further increasing the property's value and marketability. This property is priced at $2,400,000 and represents a rare chance to acquire a significant commercial holding in a rapidly growing 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
- -97.725
- Latitude
- 30.6493
