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Property profile & analytics
FOR SALE
Industrial properties

500 Wildflower Ln Georgetown, TX 78626

24,381 SF 9.81 ac lot Built 2013
Trust Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US83-4071868
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Georgetown Woodwork General Contractor Renovation Specialist
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
Wollaston Family Trust · 7 yrs held
Wollaston Family Trust
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
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $2.6M +125.6%
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