Property profile

805 University Ave Georgetown, TX 78626

OFF-MARKET
Retail properties & Spaces
Property ID
US82-1655939
7,682 SF 0.74 ac lot
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Property summary

AI-generated overview

This single-tenant retail property, located at 805 W University Ave in Georgetown, Texas, 78626, offers 7,682 square feet of space on a 0.736-acre lot. The building, constructed in 2010 and renovated in 2010, features 52 parking spaces and is situated on the northeast corner of W University (Highway 29) and Scenic Drive. Benefitting from exceptional visibility and high traffic counts exceeding 26,000 vehicles daily on Highway 29, this property enjoys a prime location. Its proximity to key amenities is a significant advantage, including I-35 (0.4 miles), St. David's Georgetown Hospital (0.5 miles), Georgetown Square (0.5 miles), and Southwestern University (0.9 miles). The property's single-story design and high barrier to entry trade area with limited vacancy make it an attractive investment opportunity. The building is currently vacant and ready for immediate occupancy. This is a rare opportunity to acquire a well-positioned retail space in a thriving Texas market. The property is zoned for retail, office, medical, and service uses.

Property profile

Verified
Property type Retail properties & Spaces
Total area 7,682 SF
Lot 0.74 ac (32,060 SF)
UPID US82-1655939

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
  • Daycare Center
  • Social Service Agency Charitable Organization
  • Business Service Center Corporate Office
  • Social Service Agency Charitable Organization
  • Home Health Care Service

Location

805 University Ave Georgetown, TX 78626
Georgetown metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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