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    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
    2018
    2016
    2016
    2011
    2009
    2009
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $2.6M +125.6%
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    More about this property
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