Property profile

8501 State Highway 29 E Georgetown, TX 78626

FOR SALE
Commercial land
Property ID
US82-4703481
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Property summary

AI-generated overview

Increased acreage and lowered price acre!! Excellent investment opportunity!! A rare opportunity!! Jonah water has a 24 in water line that runs in front of the property on Hwy 29 and Mud District 16 sewer plant is going in just to the west of this property with plans by Jonah Water to make the sewer plant larger than the present sewer demand from current single family projects underway. This land is outside of the City of Georgetown and to my owner's knowledge is not restricted except under development guidelines of Williamson County. Possible developments could be a mobile home park, RV park, Single Family development, storage facility, industrial facility etc... Buyer to verify water and sewer access per project and verify the acreage with new survey. The acreage for sale is accessed through a perpetual easement off of Hwy 29, however, road frontage access is included in this tract for additional space to build a 50' +/- road for ingress and egress for a commercial development!

Property profile

Verified
Property type Commercial land
UPID US82-4703481

Cap rate & NOI

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

Location

8501 State Highway 29 E 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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