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557 S IH-35
Georgetown, TX 78626
Kimber Office Condos · Office Property For Sale
Investment Highlights
- Highly visible location along Interstate 35 access road in Georgetown, Texas.
- Constructed in 2000 with interior finish-out completed in 2004-2005 for modern usability.
- Two fully built-out suites offering immediate occupancy or investment potential.
- Easy access to downtown Georgetown and less than 30 miles from Austin, ensuring regional reach.
Executive Summary
This 4,985-square-foot office building offers a rare investment opportunity along the highly traveled Interstate 35 access road in Georgetown, one of Central Texas’ fastest-growing markets. Featuring two tenant suites, the property provides a strong income-generating setup with potential for owner occupancy or continued multi-tenant use. Its modern construction, completed and finished between 2000 and 2005, provides a functional layout suitable for professional offices, medical uses, or mixed business operations.
Positioned just minutes from Georgetown’s downtown core and within easy reach of Austin to the south, the property benefits from outstanding regional connectivity via Interstate 35. This corridor serves as a major commercial and commuter route, ensuring both exceptional visibility and convenient client accessibility. Ample onsite parking and well-maintained exterior finishes add to the property’s appeal for investors or occupiers seeking a location that aligns with the area’s robust economic growth and expanding employment base.
Positioned just minutes from Georgetown’s downtown core and within easy reach of Austin to the south, the property benefits from outstanding regional connectivity via Interstate 35. This corridor serves as a major commercial and commuter route, ensuring both exceptional visibility and convenient client accessibility. Ample onsite parking and well-maintained exterior finishes add to the property’s appeal for investors or occupiers seeking a location that aligns with the area’s robust economic growth and expanding employment base.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
4,985 SF
Building Class
B
Year Built
2000
Price
$1,395,000
Price Per SF
$279.84
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,492 SF
Building FAR
0.21
Lot Size
0.54 AC
Zoning
C-3 General Commercial - General Commercial
Parking
20 Spaces (5.84 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Signage
- DDA Compliant
- Direct Elevator Exposure
- Open-Plan
- Partitioned Offices
- Monument Signage
- Outdoor Seating
- Balcony
Property Taxes
| Parcel Number | R453796 | Improvements Assessment | $763,217 |
| Land Assessment | $911,783 | Total Assessment | $1,675,000 |
Property Taxes
Parcel Number
R453796
Land Assessment
$911,783
Improvements Assessment
$763,217
Total Assessment
$1,675,000
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