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Property profile

Us 190 Hwy Lampasas, TX 76550

OFF-MARKET
Commercial real estate
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7.75 ac lot Built 2004

Property summary

AI-generated overview

This exceptional 7.75-acre Lampasas, TX property boasts over 377 feet of US Highway 190 frontage. The expansive site includes four separate buildings, presenting a multitude of commercial possibilities. A large, open-plan commercial building, previously used as a restaurant and church, features a commercial kitchen, walk-in cooler, and two sets of restrooms. A three-bedroom, one-bathroom main house is complemented by a two-bedroom, one-bathroom upstairs rental unit offering stunning views. Additionally, a six-room ranch-hand quarters with a central kitchen and bathrooms is included. This unique configuration is ideally suited for diverse ventures, including event centers, retreats, assisted living facilities, churches, recovery centers, restaurants, plazas, or a combination thereof. The property's versatility allows for various uses, such as a venue with extended-stay accommodations, a country store, food market, taqueria, grocery store, or a church retreat with on-site housing. The substantial acreage provides ample room for expansion and future development. The property is priced at $772,900.

Property profile

Verified
Property type Commercial real estate
Year built 2004
Lot 7.75 ac (337,590 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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