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    408 N Key Ave Lampasas, TX 76550

    For Sale
    $690,000

    Commercial - Lampasas, TX

    Property size:
    2,331 SF
    Days on Market:
    69
    Last Refresh:
    Dec 9 at 11:06 pm

    Property Features for 408 N Key Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    001168
    Parking
    11
    Size
    2,331 SF

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1997
    Number of units
    1
    Flooring type
    Carpet, Tile
    Roof type
    Metal
    Architectural style
    Other

    Bear Real Estate Services (512) 556-9321 [email protected]

    Listing agent Audrey Bear (512) 556-9321 License #0516346

    Listing date Oct 2, 2025

    MLS# 174487 Listing URL

    Copyright © 2025 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lampasas Commercial Office Building For Sale

    This commercial office building features four offices, a reception area, and a kitchenette. It includes a covered carport in the rear and a covered front porch. Situated on a corner lot along Key Avenue, the property offers ample parking. Currently, the building is leased to an insurance company. The property has a size of 2331 square feet and is located in Lampasas, Texas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rollo Insurance Lampasas Insurance Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Lampasas
    County
    Lampasas
    State
    Texas
    Longitude
    -98.18535
    Latitude
    31.070514

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    FAQs

    What type of property is this?
    Office building - Commercial office building with four offices, reception, and kitchenette.
    Where is this office building located?
    The property is located at 408 N Key Ave Lampasas, TX.
    What is the asking price?
    The asking price for this property is $690,000.
    What are key features of this property?
    This property features: - Leased to an Insurance Company, providing immediate income.; - Features four offices, a reception area, and a kitchenette for a functional office layout.; - Corner lot on busy Key Ave, offering high visibility.
    (512) 556-9321
    Request Owner's contact information
    408 N Key Ave Lampasas, TX 76550
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    Lampasas, TX 76550
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    Realmo Value Estimation

    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.

    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.

    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
    408 N Key Ave Lampasas, TX 76550
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