Technical
Financial
Distress signals
Property profile

500 Wildflower Ln Georgetown, TX 78626

FOR SALE
Industrial properties
Property ID
US83-4071868
24,381 SF 9.81 ac lot Built 2013
Trust Owned 7-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 9.8-acre industrial property in Georgetown, Texas, presents a unique investment opportunity. The site boasts four buildings totaling approximately 35,074 square feet, including a 24,381-square-foot warehouse/shop currently used for commercial cabinet making, a 6,593-square-foot shop, a 1,370-square-foot storage building, and a 2,780-square-foot house suitable for office space. The property enjoys a prime location high above the San Gabriel River, ensuring it's outside the floodplain. The buildings are two stories high, and the property features one loading dock. The current zoning is AG, but there's potential for rezoning to allow for denser residential development, subject to city approval. An adjacent 6-acre parcel is also available for purchase, providing enhanced access. The asking price is $4,690,000. This versatile property offers significant potential for various uses, making it an attractive investment for owner-users or developers seeking a prime location with river views. The property's size and existing structures provide ample space for expansion or adaptation to suit diverse business needs.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2013
Total area 24,381 SF
Lot 9.81 ac (427,193 SF)
APN R-20-0235-0000-0054A
UPID US83-4071868

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor Renovation Specialist

Location

500 Wildflower Ln Georgetown, TX 78626
Georgetown metro Census 20822 AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.81M
Blend (final) Blend
$2.06M

Owner & transaction history

since 2018
7 recorded transactions
2020
Price N/A
2018
Price N/A
2016
Price N/A
2016
Price N/A
2011
Price N/A
2009
Price N/A
2009
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $2.6M +125.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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