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    500 Hwy 71 Hwy Llano, TX 78643

    For Sale
    $675,000

    Two-acre commercial lot, Hwy 71 frontage.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional commercial property presents a unique opportunity for development. Located in Llano, Texas, this approximately two-acre "pad site" boasts excellent visibility and accessibility due to its prominent position on Highway 71 East. The site occupies the southwest corner of a larger field, providing approximately 160 feet of frontage along the highway, ensuring high traffic exposure for any commercial venture. The seller demonstrates flexibility regarding the precise placement of buildings on the lot, allowing for customized development plans to maximize the property's potential. This makes it ideal for a variety of commercial uses, from retail establishments to restaurants or office spaces. The expansive two-acre parcel offers ample space for construction and potential future expansion. Its strategic location on a major highway guarantees significant visibility and convenient access for customers and employees. This is a rare opportunity to acquire a well-positioned commercial lot in a growing area. The asking price is $675,000. Serious inquiries are encouraged.

    Property Features for 500 Hwy 71 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    87,120 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Llano
    County
    Llano
    State
    Texas
    Longitude
    -98.68058
    Latitude
    30.75948

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    FAQs

    What type of property is this?
    Commercial real estate - Two-acre commercial lot, Hwy 71 frontage.
    Where is this commercial real estate located?
    The property is located at 500 Hwy 71 Hwy Llano, TX.
    What is the asking price?
    The asking price for this property is $675,000.
    (325) 247-5776
    Request Owner's contact information
    500 Hwy 71 Hwy Llano, TX 78643
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    Llano, TX 78643
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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
    500 Hwy 71 Hwy Llano, TX 78643
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