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Investment Highlights
- Prime Zoning: Zoned IN (Industrial), offering flexibility for light manufacturing, warehouse, or flex office builds.
- Utilities at Site: City water and sewer are available, bypassing the need for septic or well systems.
- Development-Ready: Flat, cleared topography. Conceptual plans for a 14,000+ SF facility available for review.
- Access Secured: Rare driveway access variance already approved by the City of Georgetown (May 2024).
- Fully De-Risked: Clean Phase I ESA and Geologic Assessment completed in late 2022.
Executive Summary
Property Facts
| Sale Type | Investment | Proposed Use | Industrial |
| No. Lots | 1 | Total Lot Size | 1.27 AC |
| Property Type | Land | Cross Streets | Texstar Dr |
| Property Subtype | Industrial | ||
| Zoning | IN - Industrial | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | Industrial |
| Total Lot Size | 1.27 AC |
| Cross Streets | Texstar Dr |
| Zoning | IN - Industrial |
1 Lot Available
Lot
| Lot Size | 1.27 AC |
| Lot Size | 1.27 AC |
1.27-acre build-ready lot zoned IN (Industrial) with city water & sewer. The hard work is done: clean Phase I, clean Geologic Assessment, and a city-approved driveway variance are secured. Perfect location for a warehouse or flex office facility.
Description
Originally acquired and prepared for a light manufacturing and warehouse facility, this 1.27-acre lot at 706 High Tech Drive is an incredibly rare, shovel-ready opportunity in Georgetown. The current owner has successfully navigated the arduous municipal processes to secure a highly coveted driveway variance, allowing for seamless motorized vehicle access—saving the next buyer months of brain damage and holding costs. Located strategically close to the city center with flat, buildable topography, this site is ideal for an owner-user or developer looking to build a flex, warehouse, or light manufacturing facility. A conceptual site plan for a ~14,000 SF building with office space, truck dock, and ground-level roll-up doors has already been modeled for the site. All major environmental and geologic hurdles have been cleared. A clean Phase I Environmental Site Assessment (ESA) and Geologic Assessment were completed in late 2022 with no Recognized Environmental Conditions (RECs) or sensitive recharge features found. Due Diligence Package available to qualified buyers upon request (includes Phase I ESA, Geologic Assessment, Driveway Variance Approval, Survey, and Conceptual Site Plans).
Property Taxes
| Parcel Number | R081066 | Improvements Assessment | $0 |
| Land Assessment | $248,945 | Total Assessment | $248,945 |
Property Taxes
Presented by
706 High Tech Dr
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