Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Lometa Commercial Property on Highway Title is generated by Realmo AI

    3 St S, Lometa, TX 76853

    View on Map
    Claim this Listing
    For Sale
    $250,000

    Business - Lometa, TX

    Type:Business
    Lot size:
    0.72 Acres
    Added:
    Dec 29, 2025
    Days on Market:
    139
    Last Refresh:
    May 17 at 9:06 pm

    Property Features for 3 St S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Parking features
    Carport
    Standard status
    Active
    APN
    7272
    Lot size
    0.72 Acres

    Utilities

    Heating system
    None (Heating)

    Building Details

    Year built
    1970
    Flooring type
    Concrete
    Building materials
    Block, Metal Siding, See Remarks
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Tanya Thompson
    Tanya Thompson

    Listing agent Tanya Thompson License #0778916

    Listing office Always Here Properties, LLC 400 E. Central Texas Expwy, Ste B, Harker Heights, TX

    Listing date Dec 29, 2025

    MLS# 21055542 Listing URL

    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.

    HighLights

    • Prime commercial location directly off Hwy 183 in Lometa, TX.
    • 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.
    • Two carports totaling 440 sq. ft. for storage or parking.
    • Conveniently located 16 miles from Lampasas and 20 miles from Goldthwaite.
    • Zoned for commercial use.

    Overview

    This commercial property is located in Lometa, Texas, right off Highway 183, offering visibility and access. The property, formerly a paint and body shop, sits on 0.718 acres and includes two shop buildings. One building features a 1,250 sq. ft. concrete slab floor, while the other has a 1,500 sq. ft. dirt floor. Additionally, there are two carports totaling 440 sq. ft. for storage or parking. The property is approximately 16 miles from Lampasas and 20 miles from Goldthwaite. The property with buildings is being sold as-is. Note that all contents in and around the buildings, as well as the white portable building, do not convey.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Real Estate Agency Restaurant Big Box & Wholesale Store Hotel & Motel Auto Parts Store Department Store Discount Store Cafe & Coffee Shop Grocery & Convenience Store Auto Repair Shop

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

    Similar Places 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

    Location Insight

    • Map
    • Local Demand
    City
    Lometa
    County
    Lampasas
    State
    Texas
    Longitude
    -98.39505
    Latitude
    31.216247

    Nearby Similar for Sale

    • $525,000
      2,995 SF

      Lometa Farmhouse on 6.41 Acres

      Spacious farmhouse on 6.41 acres near Lometa, Texas.
      1115 County Road 2102, Lometa, TX 76853
      View Details
    • $250,000
      3,023 SF

      Commercial Property off Hwy 183

      Former paint and body shop on 0.718 acres.
      0005 S 3rd, Lometa, TX 76853
      View Details
    • $2,400,000
      600 SF

      Lometa Commercial Land with Frontage

      18.41 acres with highway frontage and logistical flexibility.
      14620 N Highway 183, Lometa, TX 76853
      View Details
    • $139,000

      Turnkey Investment Property in Lometa

      Four cabins, fully rented, near Lometa's heart. Owner financing available.
      301 E Cedar Street, Lometa, TX 76853
      View Details
    • $185,000
      3,440 SF

      Lometa Commercial Property on US 183

      Versatile commercial building in Lometa, TX, ideal for office/retail.
      106 S 4Th St, Lometa, TX 76853
      View Details
    • $250,000
      1,500 SF

      Lometa Commercial Property For Sale

      Commercial property with shop buildings and carports in Lometa, TX.
      0005 S 3rd, Lometa, TX 76853
      View Details
    • $199,999

      Texas Hill Country Land

      20.02 acres in the Texas Hill Country.
      2332 County Road 2109, Lometa, TX 76853
      View Details
    • $185,000
      4,800 SF

      Versatile Commercial Building in Lometa

      4800 sq ft building ideal for office or retail.
      106 S 4th Street, Lometa, TX 76853
      View Details
    • $115,000

      Lometa, TX 10-Acre Land

      10 acres in Lometa, TX, build your dream home!
      12436 County Road 2200, Lometa, TX 76853
      View Details
    • $225,000

      Lometa, TX 20-Acre Land

      20-acre tract with utilities, garage/shop, ideal for dream home.
      1843 Savanna Ridge Ranch Rd, Lometa, TX 76853
      View Details
    • $335,000

      20-Acre Ranch with Insulated Building

      20-acre ranch featuring a 1600 sq ft insulated building.
      721 County Road 2080, Lometa, TX 76853
      View Details
    • $923,950

      Lometa, TX Land For Sale

      108.7 acres in Lampasas County, ideal for building or recreation.
      13683 County Road 2200, Lometa, TX 76853
      View Details

    FAQs

    What type of property is this?
    Auto shop - Commercial property with shop buildings and highway visibility in Lometa, TX.
    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: Prime commercial location directly off Hwy 183 in Lometa, TX.; 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.
    (254) 768-0047
    We can help!
    Listing Contact
    Tanya Thompson
    Tanya Thompson
    Real Estate License ID: 0778916
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3 St S, Lometa, TX 76853
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!