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    1010 Colorado St Lockhart, TX 78644

    For Sale
    $900,000

    High-traffic location, two lots, huge potential.

    Property size:
    1,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional commercial property in Lockhart, Texas, presents a rare opportunity for savvy investors. The offering encompasses two adjacent lots totaling 0.55 acres, strategically positioned on N Colorado St and N Commerce St, boasting excellent visibility from Highway 183. This prime location ensures high exposure to a constant stream of local and tourist traffic. The first lot, situated at 1010 N Colorado St, comprises 0.22 acres and includes a substantial 1,500 square foot metal building/shop, perfect for various business uses. The second lot, located at 1013 N Commerce St, offers a generous 0.39 acres with an expansive 11,058 square foot gravel area, securely enclosed by a chain-link fence. This provides ample space for storage, outdoor operations, or further development. The property is zoned Commercial Medium Business, allowing for a wide range of commercial ventures. Its proximity to Lockhart's renowned BBQ establishments and a well-known metal shop, along with its convenient location less than half a mile from these attractions and within a mile of the town square, makes this an incredibly attractive investment. The surrounding area includes major cities such as Austin, Bastrop, San Antonio, Kyle, Buda, and San Marcos, further enhancing its market appeal. Priced at $900,000, this dual-lot property offers significant potential for growth and return on investment in a thriving Texas community.

    Property Features for 1010 Colorado St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1,500 SF
    Lot Size
    23,958 SF

    Building Details

    Year Built
    1985
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lockhart
    County
    Caldwell
    State
    Texas
    Longitude
    -97.67364
    Latitude
    29.89426

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    FAQs

    What type of property is this?
    Mixed-use property - High-traffic location, two lots, huge potential.
    Where is this mixed-use property located?
    The property is located at 1010 Colorado St Lockhart, TX.
    What is the asking price?
    The asking price for this property is $900,000.
    (512) 376-9903
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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
    1010 Colorado St Lockhart, TX 78644
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