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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

The Ultimate "Shovel-Ready" Industrial OpportunityThis 1.27-acre site at 706 High Tech Drive offers a rare, fully de-risked development opportunity in the rapidly growing Georgetown market. The current owner originally acquired this parcel to build a light manufacturing and warehouse facility, investing significant capital and time into site preparation and entitlements. Due to a change in plans, this prime, shovel-ready lot is now available for an owner-user or developer to step in and immediately begin vertical development. Value-Add & Completed Due Diligence:The most arduous municipal and environmental hurdles have already been cleared, saving the next buyer months of holding costs and municipal brain damage: 1) Driveway Variance Approved: The owner successfully navigated the city processes to secure a highly coveted Subdivision Variance allowing for non-residential driveway spacing on High Tech Drive (approved in 2024). 2) Clean Environmental: A comprehensive Phase I Environmental Site Assessment (ESA) was completed in October 2022 by Terracon Consultants, identifying no Recognized Environmental Conditions (RECs). 3) Clean Geologic Assessment: Also completed in October 2022 by Terracon, confirming no sensitive recharge features (caves, sinkholes, solution cavities) or faulting on the site, concluding a low potential for fluid movement to the Edwards Aquifer. 4) Conceptual Site Plan Available: A detailed 3D conceptual model and site plan have been drafted for a 14,425 SF pre-fab industrial building. The proposed layout features approximately 3,000 SF of office space, a machine shop, a thermal testing area, ground-level roll-up doors, and a 48" truck-height dock with a leveler. Transaction Details: This IN zoned site is ideally suited for a flex-office, warehouse, or light manufacturing build. City water and sewer are available at the site, bypassing the need for complex well or septic installations. Full Due Diligence Package Available Upon Request. Serious inquiries only. Please contact the listing agent to request access to the Phase I ESA, Geologic Assessment, Variance Approval documentation, Survey, and Conceptual Site Plans.

Property Facts

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

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).

Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
R081066
Land Assessment
$248,945
Improvements Assessment
$0
Total Assessment
$248,945
  • Listing ID: 40691703

  • Date on Market: 5/28/2026

  • Last Updated:

  • Address: 706 High Tech Dr, Georgetown, TX 78626

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