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    Us 190 Hwy Lampasas, TX 76550

    For Sale
    $772,900

    Highway 190 Commercial Opportunity: Multi-Building Complex

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    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 Features for Us 190 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    337,590 SF

    Building Details

    Year Built
    2004
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lampasas
    County
    Lampasas
    State
    Texas
    Longitude
    -98.05862
    Latitude
    31.06356

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    FAQs

    What type of property is this?
    Commercial real estate - Highway 190 Commercial Opportunity: Multi-Building Complex
    Where is this commercial real estate located?
    The property is located at Us 190 Hwy Lampasas, TX.
    What is the asking price?
    The asking price for this property is $772,900.
    (512) 960-3253
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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
    Us 190 Hwy Lampasas, TX 76550
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