Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5003 I-35 Frontage Rd Round Rock, TX 78626
    Property profile & analytics

    5003 I-35 Frontage Rd Round Rock, TX 78626

    View on Map
    • Land
    • 1.30 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 5003 I-35 Frontage Rd

    Lot size
    1.30 lot acres
    Property type
    Land

    Description

    This exceptional 1.3-acre commercial land parcel presents a unique investment opportunity in the thriving Georgetown, Texas market. Situated on the I-35 frontage road, this property enjoys unparalleled visibility and accessibility, boasting a prime location directly across from Bass Pro Shops and near the Round Rock Premium Outlet Mall. The asking price is $750,000, translating to $15 per square foot. The land is currently vacant and ready for development, ideal for owner-users or investors seeking high-impact commercial projects. City of Georgetown utilities—electricity, water, sewage, and telephone—are readily available. While the property is currently unzoned, it's prepared for platting and zoning by the buyer, with a 70% impervious coverage allowance and a 60-foot height restriction. Importantly, the Texas Department of Transportation (TXDOT) is prepared to approve a curb cut onto the service road, streamlining development plans. Please note that the property includes utility and temporary construction easements, approximately one-third of an acre. All information should be independently verified by the prospective buyer. This is a rare chance to acquire a high-profile commercial site in a rapidly growing area with excellent access to major transportation arteries and significant retail destinations.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Round Rock
    County
    Williamson
    State
    Texas
    Longitude
    -97.7525
    Latitude
    30.7217

    Comparable in this City

    • Value Estimation by Request
      15,860 SF

      3900 Fm 1460

      Individual retail properties • 15,860 SF
      3900 Fm 1460, Georgetown, TX 78626
      View Details
    • Value Estimation by Request
      1.50 Acres

      University Blvd & Lunata Way

      Land • 1.50 Acres
      0 University Blvd & Lunata Way, Round Rock, TX 78626
      View Details
    • Value Estimation by Request
      87.49 Acres

      1150 Co Rd

      Land • 87.49 Acres
      1150 Co Rd, Georgetown, TX 78626
      View Details
    • Value Estimation by Request

      600 Co Rd

      Land
      600 Co Rd, Georgetown, TX 78626
      View Details
    • Value Estimation by Request
      3.75 Acres

      I-35W Stan Schlueter Loop 2800

      Individual retail properties • 9,375 SF
      I-35W Stan Schlueter Loop 2800, Georgetown, TX 78626
      View Details
    • Value Estimation by Request

      320 Green Acres

      Land
      320 Green Acres, Georgetown, TX 78626
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land Available in Williamson County

      Unzoned land with utilities in Williamson County, Texas.
      910 County Road 141, Georgetown, TX 78626
      View Details
    • Contact for pricing
      1.50 Acres

      Round Rock Commercial Land Opportunity

      Prime 1-3 acre commercial pad site.
      0 University Blvd & Lunata Way, Round Rock, TX 78626
      View Details
    • Contact for pricing

      Georgetown Land Approved for Development

      Land approved for mixed-use or multifamily development in Georgetown, TX.
      2400 Fm 1460, Georgetown, TX 78626
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale in Georgetown, Texas.
      1150 County Road 155, Georgetown, TX 78626
      View Details
    • $1,590,114

      Land on FM1460, Georgetown

      Land available on FM1460, Georgetown, Texas.
      2931 Fm 1460, Georgetown, TX 78626
      View Details

    Similar Nearby for Lease

    • $0.12 SF/Yr

      Versatile Land with Flexible Options

      Land with office/warehouse potential, accessible location, customizable lease terms.
      576 County Road 196, Georgetown, TX 78626
      View Details
    • $3,500 /Mo

      Walburg Industrial Site with Expansion

      2,500 sq ft building on 8 acres near Austin.
      4100 Fm 1105, Georgetown, TX 78626
      View Details
    • Contact for pricing
      7,577 SF

      Corner Pad Site For Rent

      Pad site at signalized corner with utilities and parking.
      610 Westinghouse Rd, Georgetown, TX 78626
      View Details
    • $1.44 SF/Yr

      Georgetown Flex Space For Lease

      Versatile property with office, warehouse, and yard space available for lease.
      550 County Road 196, Georgetown, TX 78626
      View Details
    • Contact for pricing

      Georgetown Land For Lease

      Commercial land available for lease in Georgetown, Texas.
      3900 Fm 1460, Georgetown, TX 78626
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5003 I-35 Frontage Rd
    Round Rock, TX 78626
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5003 I-35 Frontage Rd, Round Rock, TX, 78626
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!