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NorthPark35 - Building 2

Off-Market

201 Velocity Drive, Georgetown, TX 78628

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 158,351 SF
  • Lot Size 10.15 Acre
  • Property Tenancy Vacant
  • Building Class A
  • Year Built 2021

Location

  • City Georgetown, TX
  • Zip Code 78628
  • Market Austin

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 19 Nov, 2021
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in Georgetown

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Georgetown Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $30.87
  • 2020 Office Vacancy Rate 10.55%
  • 2020 Office Completions (SF)
View more Georgetown market trends

Tax

  • Market Value* $994,860
  • Assessed Value $994,860

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of NorthPark35 - Building 2?

NorthPark35 - Building 2 totals 158,351 square feet.

When was this property built?

NorthPark35 - Building 2 was built in 2021.

When was NorthPark35 - Building 2 last sold?

NorthPark35 - Building 2 was last sold on 19 Nov, 2021.

What is the market value for NorthPark35 - Building 2?

The market value* for NorthPark35 - Building 2 in 2021 was $994,860.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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