5070 State Highway 29Georgetown, TX 78626

Property Details for 5070 State Highway 29

Year built

2019

Lot size

3.05 AC

Property size (Sq ft)

21,760 SF

Property type

Commercial real estate

APN

R-20-9897-0000-0005

APU

R20989700000005

Description

This exceptional 22,000-square-foot industrial warehouse, built in 2019, is situated on a 3.05-acre lot in Georgetown, Texas. Currently, 6,045 square feet of space is available for lease within this single-tenant building. The property boasts a 20-foot ceiling height, perfect for various industrial uses. With two drive-in doors and 15 total parking spaces, this Class B warehouse offers ample convenience. The building features a metal exterior, central heating and cooling, and utilizes city water and septic. Power is supplied by a 3-phase system. Strategically located on Highway 29, this property provides easy access to I-35 and SH 130, ensuring excellent connectivity for businesses. The Commercial zoning allows for a wide range of industrial, manufacturing, or showroom applications. This prime location in Georgetown, TX (zip code 78626) offers a unique opportunity for businesses seeking a modern, well-equipped warehouse space. The property is a single-story building.

• CAP approach

  CAP return

  Valuation

  6%

  $5,377,720

  6.5%

  $4,964,050

  7%

  $4,609,470

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,514,730

  Geo Method

  $6,514,730

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $9,207,510

  Retail / Commercial

  $4,832,280

  Mixed-Use / Specialty

  $4,902,300

  Hospitality / Lodging

  $3,710,250

  Office

  $4,964,050

  Institutional / Educational

  $5,127,600

  Residential Income

  $5,999,290

  Multifamily

  $6,711,550

  Automotive / Energy

  $4,395,080

  Parking / Income-Based Land

  $1,430,490

  Restaurant / Food Service

  $2,735,920

  Healthcare / Senior Housing

  $4,937,750

Location Insight

City

Georgetown

County

Williamson

State

Texas

Latitude

30.641

Longitude

-97.6075

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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