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Auto Body Shop Property

3 St S Lometa, TX 76853

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

COMMERCIAL - Lometa, TX

Property Size2,750 SF
Lot Size0.72 Acres
Price / SF$90.91
AddedMar 7
Days on Market129
Last RefreshJul 14 at 2:06 pm

Property Features for 3 St S

General Information

Property type
Commercial Sale
Property subtype
Other
Parking features
Carport, Paved or Surfaced
Standard status
Active
APN
7272
Lot size
0.72 Acres

Taxes and HOA fees

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

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1970
Floors in Building
1
Number of units
3
Flooring type
Dirt, Concrete
Building materials
Block, MetalSiding
Roof type
Metal

Listing agent Tanya Thompson License #0778916

Listing office Always Here Properties, LLC Harker Heights, TX

Listing date Mar 7, 2026

MLS# 21055542

Copyright © 2026 North Texas Real Estate Information Systems, Inc. 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.

The property is a former paint and body shop site with two separate shop buildings, designed for practical automotive or service operations. One building has a concrete slab floor, and the second has a dirt floor. Additional covered space is provided by two carports totaling 440 square feet, offering convenient storage and parking. The property and improvements are being sold as-is, and all contents in and around the buildings do not convey, including the white portable building.

The site is located in Lometa, Texas, right off Hwy 183, supporting easy access for customers and deliveries. It is about 16 miles from Lampasas and 20 miles from Goldthwaite, positioning the property for regional business activity.

With its shop-focused configuration and supplemental covered space, the property can fit a range of automotive-related tenants or owner-operators seeking a functional yard and work area. The mix of slab and dirt floor space may also support light industrial uses where durable indoor work bays and additional vehicle or equipment storage are important. Prospective buyers should confirm their intended use with local requirements before proceeding.

Key Highlights

  • 0.718‑acre commercial property located right off Hwy 183 in Lometa, TX
  • Two shop buildings: one with a 1,250 SF concrete slab floor and one with a 1,500 SF dirt floor
  • Metal roof; construction materials include block and metal siding

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 $26.4k $9.60
− Vacancy −$1.6k −$0.58
EGI $24.8k $9.02
− OpEx −$7.4k −$2.71
NOI $17.4k $6.32
2,750 SF · lease $9.60/SF/yr · vacancy 6.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$467.3K
$408.9K – $545.2K (±1% cap)
NOI $32,710 @ 7.0% cap · market cap 13.08%
Second Best
Industrial
$248.2K
$217.1K – $289.5K (±1% cap)
NOI $17,371 @ 7.0% cap · market cap 6.95%
Theoretical Best
Office A
$660.5K
$578.0K – $770.6K (±1% cap)
NOI $46,237 @ 7.0% cap · market cap 18.49%
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 - Former paint and body shop with two shop buildings and strong visibility for automotive or light industrial uses.
Where is this auto shop located?
The property is located at 3 St S 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: 0.718‑acre commercial property located right off Hwy 183 in Lometa, TX; Two shop buildings: one with a 1,250 SF concrete slab floor and one with a 1,500 SF dirt floor; Metal roof; construction materials include block and metal siding
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