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    100 Ridgewood Rd Georgetown, TX 78633
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    Property profile & analytics

    100 Ridgewood Rd, Georgetown, TX 78633

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    • Commercial real estate
    • 1,430 SF
    • 1.03 lot acres
    Off-Market
    Property ID
    US82-3618065
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 100 Ridgewood Rd

    Lot size
    1.03 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional Georgetown, TX property offers a unique investment opportunity. The 1.034-acre lot features a 1,430 square foot home and a 550 square foot garage, providing ample space for various uses. Boasting 220 feet of frontage on Ridgewood Road and 200 feet on Williams Drive, this property enjoys high visibility and accessibility. Located on a hard corner, it's approximately 7 miles west of IH-35, offering convenient access to major transportation routes. The property is zoned Georgetown ETJ and utilizes a septic system. Potential uses include office/warehouse, office/showroom, daycare, or restaurant, making it a versatile option for a variety of businesses. The asking price is $1,000,000, with a price per square foot of $699.30. The two-story building presents a solid foundation for immediate occupancy or redevelopment. This is a rare opportunity to acquire a substantial property in a desirable location with significant development potential. The combination of land size, building size, and prime location makes this an attractive investment for discerning buyers. Serious inquiries are encouraged.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Georgetown
    County
    Williamson
    State
    Texas
    Longitude
    -97.769704584997
    Latitude
    30.717914202995

    Comparable in this City

    • $449,999

      Stabilized Office Condo Investment

      Leased office condo in Georgetown's Sedro Crossing Business Park.
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    • $479,000
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      Georgetown Office Condo - Sedro Crossing

      Modern Office Suite, Prime Georgetown Location
      4869-1 Williams Dr Unit 105, Georgetown, TX 78633
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      1,261 SF

      New Office Condo Investment

      Newly constructed office condo with tenant in place and income.
      4869 Williams Dr, Georgetown, TX 78633
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    • $345,000

      Office Unit in Great Condition

      Well-maintained office unit near upcoming mixed-use development.
      5373 Williams Dr, Georgetown, TX 78633
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    Similar Nearby for Sale

    • $449,999

      Stabilized Office Condo Investment

      Leased office condo in Georgetown's Sedro Crossing Business Park.
      4869 Williams Dr, Georgetown, TX 78633
      View Details
    • $345,000

      Office Unit in Great Condition

      Well-maintained office unit near upcoming mixed-use development.
      5373 Williams Dr, Georgetown, TX 78633
      View Details
    • Contact for pricing
      1,261 SF

      4869 Williams Dr #105

      4869 Williams Dr #105, Georgetown, TX 78633
      4869 Williams Dr #105, Georgetown, TX 78633
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    • $345,000

      Georgetown Commercial Office For Sale

      Office space in great condition near upcoming mixed-use development.
      5373 Williams Dr, Georgetown, TX 78633
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    • $345,000
      958 SF

      Georgetown Office with Excellent Floorplan

      Office space featuring a functional layout and proximity to development.
      5373 Williams Dr, Georgetown, TX 78633
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    Similar Nearby for Lease

    • Contact for pricing

      Office/Retail Space in Georgetown

      Shell space available for office or retail use in Georgetown.
      4861 Williams Dr, Georgetown, TX 78633
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      High Visibility Retail/Office Space

      Versatile commercial space with high visibility and accessibility.
      5373 Williams Dr, Georgetown, TX 78633
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    • $30 SF/Yr
      1,400 SF

      Georgetown Office Space For Lease

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    100 Ridgewood Rd
    Georgetown, TX 78633
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    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
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    100 Ridgewood Rd, Georgetown, TX, 78633
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