Back to Search
Automotive Property with Two Shops

0005 S 3rd Lometa, TX 76853

0005 S 3rd, Lometa, TX, 76853
$250,000
For Sale
Claim this Listing
$250,000

COMMERCIAL - Lometa, TX

Property Size3,023 SF
Lot Size0.72 Acres
Price / SF$82.70
AddedSep 5, 2025
Days on Market313
Last RefreshJul 14 at 1:06 pm

Property Features for 0005 S 3rd

General Information

Property type
Commercial Sale
Property subtype
Other
Parking features
Carport
Standard status
Active
APN
7272
Size
3,023 SF
Lot size
0.72 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
LOT: N 1/2 BLK 51 BLK: 51 ADDN: LOMETA
Tax Annual Amount
1664

Utilities

Sewer type
Public Sewer
Cooling system
Window Unit(s)
Water source
Public

Building Details

Year built
1970
Floors in Building
1
Flooring type
Concrete, Dirt
Building materials
Block, MetalFrame, Concrete

Listing agent Tanya Thompson License #0778916

Listing office Always Here Properties, Llc 907 S Main Street, TX

Listing date Sep 5, 2025

MLS# 592153

Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale automotive property includes a former paint and body shop setup on 0.718 acres, with two separate shop buildings and additional covered space for equipment or vehicles. One shop offers a concrete slab floor of approximately 1,250 square feet, while the second shop includes a dirt floor of approximately 1,500 square feet. Two carports totaling approximately 440 square feet provide further storage and weather protection. The property is being sold as-is, and all contents in and around the buildings do not convey. The white portable building does not convey.

The site is located right off Hwy 183, offering direct access and visibility for an automotive-related operation. It is approximately 16 miles from Lampasas and 20 miles from Goldthwaite, placing it within reach of customers and service demand across the surrounding area.

For tenants, buyers, or operators, the existing shop configuration supports a range of automotive service uses that can take advantage of both a slab-floor work area and a dirt-floor bay, along with on-site carport space. Because the sale is as-is and certain items do not convey, it’s well suited for an end user or investor planning to tailor the improvements to their specific business needs.

Key Highlights

  • Prime commercial location directly off Hwy 183 offering excellent visibility and access.
  • Two shop buildings included: 1,250 sq. ft. with concrete slab and 1,500 sq. ft. with dirt floor.
  • Property size of 0.718 acres provides ample space for various business ventures.

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $29.0k $9.60
− Vacancy −$1.7k −$0.58
EGI $27.3k $9.02
− OpEx −$8.2k −$2.71
NOI $19.1k $6.32
3,023 SF · lease $9.60/SF/yr · vacancy 6.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$513.7K
$449.5K – $599.3K (±1% cap)
NOI $35,957 @ 7.0% cap · market cap 14.38%
Second Best
Industrial
$272.8K
$238.7K – $318.3K (±1% cap)
NOI $19,096 @ 7.0% cap · market cap 7.64%
Theoretical Best
Office A
$726.1K
$635.3K – $847.1K (±1% cap)
NOI $50,827 @ 7.0% cap · market cap 20.33%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Electrical Service Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Home Appliance Store (Bike/Boat/Book/etc) Store Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • K&S Towing “Lometa,Tx. — 442 W Main St, Lometa, TX 76853
  • Doug's Garage & Lude — Lometa, TX 76853
  • Pegleg Automotive — 116 S First St, Lometa, TX 76853
  • SAS Towing and Recovery Inc Lometa — 438 W Main St, Lometa, TX 76853
  • Lometa Gulf — 616 4th St, Lometa, TX 76853

FAQs

What type of property is this?
Auto shop - Two-shop automotive site with slab and dirt floor bays plus carports for storage or vehicle parking.
Where is this auto shop located?
The property is located at 0005 S 3rd Lometa, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Prime commercial location directly off Hwy 183 offering excellent visibility and access.; Two shop buildings included: **1,250 sq. ft. with concrete slab and 1,500 sq. ft. with dirt floor.**; Property size of 0.718 acres provides ample space for various business ventures.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message