500 Wildflower Ln, Georgetown, TX 78626
For Sale
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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.
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Georgetown Woodwork General Contractor Renovation Specialist
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.