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N Mays St 0.8 - 9.51 Acre Commercial Land Lots Offered at $680,000 - $4,200,000 Per Lot in Georgetown, TX 78626

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INVESTMENT HIGHLIGHTS

  • The tracts are available on an individual or portfolio basis.

PROPERTY FACTS

Price $680,000 - $6,040,000
Sale Type Investment or Owner User
No. Lots 3
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
Total Lot Size 12.02 AC
Cross Streets Boselli Way
Zoning PUD - Summit at Westinghouse PUD

3 LOTS AVAILABLE

Lot 1

Price $4,200,000
Price Per AC $441,640.38
Lot Size 9.51 AC

• ±581 feet of frontage along N Mays Street • Corner lot at NE corner of N Mays & Boselli Way • Surrounded by new multifamily density - Rise 120, Ascend at Westinghouse, and Caroline Georgetown

Lot 2

Price $1,160,000
Price Per AC $678,362.57
Lot Size 1.71 AC

• ±560 feet of frontage along N Mays Street • Immediately adjacent to the Amberlin Georgetown (188 units), a 55+ Active Adult Apartment Community • Planned 177 townhome development on site immediately adjacent to the south

Lot 3

Price $680,000
Price Per AC $850,000.00
Lot Size 0.80 AC

**This lot is under contract • Adjacent to the Rise 120 Apartments, with shared access entry • Visibility from N Mays Street, with immediate walkability to adjacent multifamily projects • Fantastic opportunity for a QSR, Drive-Through, Coffee User

DESCRIPTION

Prime three tract assemblage strategically positioned at the corner of N Mays Street and Boselli Way, on the southern end of the Georgetown City Limits, 0.8 miles northeast of IH-35 and 0.6 miles SW of Westinghouse Road. The site is surrounded by brand new multifamily development, with ASCEND at Westinghouse (300 units) adjacent to the north, Rise 120 Apartments (227 units) to the West, and Caroline Georgetown (336 units) adjacent to the east. In total, there are 3,400 multifamily units within a one-mile radius. The site is located in a high demographic area with average household incomes over $112,000 and enjoys a one-minute drive time to access IH-35 and Westinghouse intersection, which provides major thoroughfare access in all directions.

  • Listing ID: 31534763

  • Date on Market: 4/17/2024

  • Last Updated:

  • Address: N Mays St, Georgetown, TX 78626

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