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712 S Austin Ave 4,572 SF 100% Leased Retail Building Georgetown, TX 78626 $2,495,000 ($545.71/SF) 5.72% Cap Rate
Investment Highlights
- Fully leased investment property generating NOI of $142,765 with a cap rate of 5.72%.
- Two-story, 4,572-square-foot property with modern renovations and historic character preserved.
- Prime location on Georgetown’s historic square across from major attractions and city amenities.
- MU-DT zoning permits retail, restaurant, and office uses with adaptive reuse potential.
Executive Summary
Rare opportunity to own a building on the square in Georgetown. Recent renovations, great tenants, good leases
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,572 SF
Building Class
C
Year Built
1900
Price
$2,495,000
Price Per SF
$545.71
Cap Rate
5.72%
NOI
$142,765
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.75
Lot Size
0.06 AC
Zoning
MU-DT - Mixed use downtown
Frontage
22’ on S Austin Ave
Amenities
- Signage
- Skylights
- Air Conditioning
Very walkable
80/100
Very drivable
80/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R041400 | Improvements Assessment | $1,005,163 |
| Land Assessment | $317,552 | Total Assessment | $1,322,715 |
Property Taxes
Parcel Number
R041400
Land Assessment
$317,552
Improvements Assessment
$1,005,163
Total Assessment
$1,322,715
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Presented by
Hellmann Properties
712 S Austin Ave
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