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40120 Industrial Park Cir 4,800 SF 35% Leased Industrial Building Georgetown, TX 78626 $950,000 ($197.92/SF)

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Investment Highlights

  • Corner Location at Sudduth Drive & Industrial Park Circle in the northeast quadrant of IH-35 and Inner Loop / Lakeway Drive
  • Excellent access to IH-35 frontage roads and major arterials
  • Rare Commercially Zoned Asset in the Industrial Park
  • Traffic counts exceeding 7,000–10,000+ vehicles at nearby intersections
  • Includes a roll-up door ideal for deal for loading and unloading, and includes an open floor plan area on the first floor with showroom / office space
  • Layout can support multiple uses (Retail, office or industrial purposes)

Executive Summary

Situated at the northeast quadrant of IH-35 and NE Inner Loop / Lakeway Drive, the property offers exceptional regional access, corner frontage, and strong visibility within the Industrial Park. Zoned C-3 General Commercial and notably the only fully commercial-zoned parcel within the park. The site allows broad flexibility for retail, service, automotive, medical, showroom, office, and redevelopment uses, making it highly attractive to both owner-users and investors seeking multiple future-use scenarios.
The ±4,800 SF metal building sits on ±0.28 acres and features approximately 19-foot clear height, three grade-level doors, a two-story office/showroom component in Unit AB, and a small side yard for operations or outdoor storage. The property offers partial in-place income with Suite C leased to Iron Rite Tattoo, along with clear value-add potential through leasing Unit AB and Unit D or occupying a portion of the building. Surface parking supports customer-facing or multi-tenant use, while the shallow-bay layout, efficient site coverage, and flexible interiors enhance long-term functionality and leasing appeal.
Located in the Georgetown submarket of the Austin MSA, the property benefits from strong residential growth and expanding employment drivers.

Property Facts

Price $950,000
Price Per SF $197.92
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.28 AC
Rentable Building Area 4,800 SF
No. Stories 1
Year Built 1984
Parking Ratio 2.08/1,000 SF
Clear Ceiling Height 19’
No. Drive In / Grade-Level Doors 3
Zoning C-3 - General Commercial District

Amenities

  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Iron Rite Tattoo South
  • Services
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Iron Rite Tattoo South Services - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl - AB
  • 3,051 SF
  • Industrial
  • Full Build-Out
  • Now

One story, flex-building available for sale. Ideal space for industrial, flex, office, or retail use. This industrial/flex property, located at 40120 Industrial Park Cir in Georgetown, Texas 78626, offers a versatile 4,800 SF building situated on 0.28 acres. Units A&B, spanning 3,051 SF, is available for lease at $3,500/Mo. modified gross. Tenant is responsible for the electric utility and internet. These two combined units are equipped with two roll-up doors, features showroom space, warehouse space, and a bathroom on the first floor. There is open office or flex space on the second floor with a bathroom. This end unit includes a small concrete side yard. The floorplan details various room sizes within Unit A&B, providing flexibility for different business configurations. The property boasts excellent access, positioned at the Northeast quadrant of I-35 and Northeast Inner Loop/Lakeway Dr., and specifically at the corner of Sudduth Dr. and Industrial Park Circle. Nearby points of interest include the Georgetown Municipal Airport and Lake Georgetown.

Space Size Space Use Condition Available
1st Fl - AB 3,051 SF Industrial Full Build-Out Now

1st Fl - AB

Size
3,051 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Fl - AB

Size 3,051 SF
Space Use Industrial
Condition Full Build-Out
Available Now

One story, flex-building available for sale. Ideal space for industrial, flex, office, or retail use. This industrial/flex property, located at 40120 Industrial Park Cir in Georgetown, Texas 78626, offers a versatile 4,800 SF building situated on 0.28 acres. Units A&B, spanning 3,051 SF, is available for lease at $3,500/Mo. modified gross. Tenant is responsible for the electric utility and internet. These two combined units are equipped with two roll-up doors, features showroom space, warehouse space, and a bathroom on the first floor. There is open office or flex space on the second floor with a bathroom. This end unit includes a small concrete side yard. The floorplan details various room sizes within Unit A&B, providing flexibility for different business configurations. The property boasts excellent access, positioned at the Northeast quadrant of I-35 and Northeast Inner Loop/Lakeway Dr., and specifically at the corner of Sudduth Dr. and Industrial Park Circle. Nearby points of interest include the Georgetown Municipal Airport and Lake Georgetown.

Property Taxes

Property Taxes

Parcel Number
R042870
Land Assessment
$157,707
Improvements Assessment
$799,538
Total Assessment
$957,245
  • Listing ID: 39281357

  • Date on Market: 1/31/2026

  • Last Updated:

  • Address: 40120 Industrial Park Cir, Georgetown, TX 78626

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