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605 River Bend Dr

4,140 SF Vacant Office Building Georgetown, TX 78628 £925,572 (£223.57/SF) 8.40% Net Initial Yield

EXECUTIVE SUMMARY

Prime property location just 1 block off of Williams Dr in Georgetown, TX; in close proximity to multiple other office spaces and businesses. The building is duplex style, so it is perfect for Owner/User, investment (at an 8% CAP) or both. Both sides are very recently remodeled in 2023 for a very updated look.
Please reach out to Agent for updated financials.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Design & Build
Property Type
Office
Building Size
4,140 SF
Building Class
B
Year Built
1997
Price
£925,572
Price Per SF
£223.57
Net Initial Yield
8.40%
NOI
£77,748
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
4,140 SF
Building FAR
0.15
Lot Size
0.62 AC
Zoning
GC
Parking
18 Spaces (4.35 Spaces per 1,000 SF Leased)

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 101
  • 2,040 SF
  • Office
  • Full Build-Out
  • Now
  • 1st Fl-Ste 105
  • 2,100 SF
  • Office
  • -
  • Now
Space Size Space Use Condition Available
1st Fl-Ste 101 2,040 SF Office Full Build-Out Now
1st Fl-Ste 105 2,100 SF Office - Now

1st Fl-Ste 101

Size
2,040 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 105

Size
2,100 SF
Space Use
Office
Condition
-
Available
Now
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PROPERTY TAXES

Parcel Number R045243 Improvements Assessment £739,240
Land Assessment £156,740 Total Assessment £895,980

PROPERTY TAXES

Parcel Number
R045243
Land Assessment
£156,740
Improvements Assessment
£739,240
Total Assessment
£895,980
(512) 630-7085

CONTACT

  • Listing ID: 32491849

  • Date on Market: 17/07/2024

  • Last Updated:

  • Address: 605 River Bend Dr, Georgetown, TX 78628

The Georgetown-Leander Office Property at 605 River Bend Dr, Georgetown, TX 78628 is currently available. Contact Century 21 Stribling Properties for more information.

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605 River Bend Dr
(512) 630-7085 x

605 River Bend Dr

Josh Swafford

(512) 630-7085

(512) 630-7085

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