2592 Shell Rd
Georgetown, TX 78628 Georgetown-Leander

$1,690,000 USD

Industrial Condo For Sale • 7,500 SF

Property Details

Property Type Industrial
Total Building Size 7,500 SF
Lot Size 1 AC
Building Class B
Year Built 2000
Tenancy Single
Zoning ETJ

20 Walk Score

1 Unit Available

Name

Condo Use

Size

Price

Details

1st Floor - Unit 2

Industrial

7,500 SF

$1,690,000 USD

Unit Size: 7,500 SF
Condo Use: Industrial
Price: $1,690,000 USD
Sale Type: Investment
Price/SF: $225.33 USD

Description

Fully insulated warehouse with four grade-level doors
Mezzanine featuring on-site apartment and climate-controlled office
Flexible use for industrial or service-oriented tenants
Includes building plus shared outdoor storage and parking

Sale Notes

100% occupancy with good credit tenant 
Condominium sale within Shell Road Business Center
±1 acre with additional outdoor storage
Located in Georgetown ETJ with no zoning restrictions
-Acquire at a 6.26% CAP with immediate upside to a 7.61% pro forma CAP—no capital expenditures. See attached Pro Forma for details.

Description

This property features a fully insulated warehouse with four grade-level doors, a mezzanine that includes an on-site apartment that is an addition to the RSF, and a climate-controlled office space. Situated on approximately one acre with outdoor storage, it is well-suited for industrial or service-oriented users. Located in the Georgetown ETJ, it carries no zoning restrictions and is part of the Shell Road Business Center condominium.

                
                    Highlights
                
                                Value-Add Industrial with Under-Market Outdoor Rents
                            
                                Fully Insulated Warehouse with New RSF with Added Mezzanine 
                            
                                No Zoning Requirements and Outdoor Storage
                            
                                100% Occupied Good Credit Tenant